JPMorgan Chase: The US non-farm payrolls are expected to increase by 125,000 in September, and the Federal Reserve may cut interest rates by another 50 basis points
PANews reported on October 4 that, according to Jinshibao, Morgan Stanley economist Nora Szentivanyi expects the U.S. non-farm payroll to increase by 125,000 in September, indicating that labor demand is still slowing, suggesting that the Federal Reserve may still be able to cut interest rates by 50 basis points at a time. If the data is around 100,000, it will increase the likelihood of a significant rate cut. If the data shows a significant weakening, the market's expectation of the Federal Reserve cutting interest rates by 50 basis points again may be revived. Atlanta Fed President Bostic previously stated that data below 100,000 will be a cause for concern.
