Former US Treasury Secretary Summers said that although the August non-farm employment report was not particularly bad, it did make it more difficult to predict the magnitude of the Fed's possible interest rate cut this month. Summers said in an interview, "Although the data did not show very obvious weakness, if you are concerned about the recent trend of statistical data, then these data will certainly not guarantee economic health for you." "Compared to my guess one or two months ago, the probability of a 25 basis point cut and a 50 basis point cut in September seems closer now." Summers said that ultimately, the scale of the Fed's initial actions is not important. Officials will closely monitor the development of the economic outlook and adjust policies accordingly. He said, "If the economy weakens significantly, they will cut rates significantly." "If the economy does not weaken significantly, they may cut rates at a rate of roughly one meeting at a time."