According to reports, the US job market may have cooled off last month, but the fundamentals remain healthy, which is good news for the Fed's efforts to completely tame inflation. According to predictions from data company FactSet, the US is expected to add 0.19 million new non-farm employees in June. Even though this is lower than the previous month's 0.272 million, it is still a robust growth. The unemployment rate may remain at the low level of 4%. From the Fed's perspective, slowing down the pace of recruitment to a still-good speed would be ideal. This indicates that the job market is slowing down enough to alleviate the pressure on employers to substantially raise salaries, reduce inflation, but not cause a wave of layoffs.