Several senior Federal Reserve officials on Friday characterized the labor market as “solid” even after a poor July jobs report and appeared in no rush to lower U.S. interest rates.

U.S. employers added just 73,000 jobs in July and the May and June numbers were revised sharply lower, boosting the chances of a September rate cut.

U.S. job growth has slowed to below what’s generally considered healthy, suddenly upending the picture of a balanced job market and increasing support for interest-rate cuts. U.S. employers added just 73,