ChainCatcher news, as the non-farm payrolls data released on Friday far exceeded expectations, the market basically ruled out the possibility of a further 50 basis points of interest rate cuts, and economists expressed their views.

Nomura Securities International analyst Aichi Aemiya said that the Federal Reserve may reduce the rate cut to 25 basis points at the policy meetings in November and December.

Aemiya said that Federal Reserve Chairman Powell also showed that he "has a huge influence in the decision-making process of the Federal Open Market Committee (FOMC)." He said that Powell's speech at Jackson Hole in late August was relatively dovish, and then the FOMC further cut interest rates by 50 basis points at the September meeting, "Powell's opinion dominated the committee."