According to CoinMeta, the USD/JPY pair has been stagnant ahead of a key U.S. report, with markets expecting the Bank of Japan to raise interest rates in September. The USD has recovered most of the losses incurred due to non-farm employment data falling short of expectations, and the probability of a rate hike in September has risen back to 50%. Despite significant losses in government jobs, which made the report appear weaker than it actually is, the unemployment rate has further dropped to 4.1%. Overall, the trend of the labor market is better than in the past three years. Today's data will be crucial for September's policy decisions and Federal Reserve Chairman Powell's speech at the Jackson Hole Symposium. The core inflation rate is expected to rise by 0.2% month-on-month. If the report is strong, it could trigger a market rebound, and traders may increase their bets on a rate hike; conversely, if the report is weak or in line with expectations, it may reduce the risk of further policy tightening by the Fed and put pressure on the USD.