[Institution: The Federal Reserve May Cut Interest Rates Twice This Year to Support the Labor Market] According to a report by Golden Finance on April 4, Oxford Economics stated that the U.S. employment figures for March significantly overestimated the pre-war strength of the labor market, as the data also reflected declines in both the labor force and household employment numbers. As the Iran war impacts real economic activity, job growth is expected to slow. The impact of the war on inflation is immediate, but its negative effects on consumer spending, business investment, and hiring will become more evident in the coming months. Oxford Economics' baseline forecast remains that the Federal Reserve will overlook the one-time shock of rising oil prices this year and cut interest rates twice to guard against any potential weakness in the labor market.