According to CoinWorld, despite the three-month average of US job growth being only 35,000, Chris Weston, head of research at Pepperstone, stated that Fed decision-makers, particularly those concerned about core PCE deviating from the 2% target, will only support an "insurance rate cut" after the August US Non-farm Payrolls (NFP) data, to be released on September 5, shows weakness again. He pointed out that the credibility of the Fed is being tested, and with core PCE expected to be 100 basis points above the target, a rate cut in September will be a difficult decision.