[Weak U.S. Employment May Prompt Fed Rate Cut in September] ICIS Global economist Kevin Swift stated that the weak U.S. job market might prompt the Federal Reserve to cut interest rates at its September meeting. Although wages grew 3.9% year-on-year in August, the slowdown in growth has weakened real income gains and support for consumer spending. Meanwhile, initial jobless claims have risen to their highest level since October 2021, potentially signaling increased layoffs and a weakening labor market trend. Swift noted that the situation will become clearer in the next one to two weeks.