The non-farm payrolls data will be released tonight, and the estimated number of new jobs is about 140,000, while the unemployment rate remains at 4.2%. If the data shows less than 140,000 new jobs, it implies that the US economy may have entered a recession, and the subsequent interest rate cuts may be more drastic. In addition, the spillover effect of geopolitical conflicts has led to a sharp rise in oil prices, which has an adverse impact on the stability of the price index. Therefore, the future consumer price CPI data is likely to be affected and change.