[Fed's mouthpiece: Non-farm report is unclear, whether the Fed will cut interest rates by 25 or 50 basis points in September is still unknown] Golden Finance reported that Nick Timiraos, the "Fed's mouthpiece", said that the non-farm payrolls report is likely to provide a clear signal about the extent of the Fed's first rate cut, whether it is 25 basis points or 50 basis points, the market pricing will immediately rise to 90%. However, this non-farm payrolls report did not solve this problem very well, and the market is currently pricing in a 25 or 50 basis point rate cut "half and half". The overall non-farm data is not bad enough to change the baseline expectation to a 50 basis point rate cut, but considering the revised data, it is not convincing enough to completely dispel speculation about a larger rate cut.