[Amundi Strategist: Nonfarm Payroll Data May Strengthen Expectations for Fed's Easing Policy] Francesco Sandrini, Head of Multi-Asset Strategy at Amundi, stated that recent data suggests the U.S. labor market may be weakening, which supports the Federal Reserve's potential rate cut action in September. He further noted that today's released nonfarm payroll data could, to some extent, validate the Fed's current accommodative monetary policy stance.