The non-farm payrolls data failed to complete the task. Can the CPI at 8:30 tonight "raise its head and breathe a sigh of relief!"
The market is preparing for the Fed's first rate cut. At the Jackson Hole meeting, Fed Chairman Powell indirectly announced the rate cut in the early morning of September 19 and emphasized the importance of the labor market in the current decision-making process. The mixed employment market data released last week further confirmed the rate cut. However, last Friday's non-farm payrolls data also exacerbated market concerns about the expected economic slowdown, leading to a negative reaction in most stock indexes.
Market advice:
Brother Chuang is a conservative style. It is recommended that all shorts be closed before the US CPI report is released at 8:30 tonight;
Free welfare news:
Free airdrops will be given to community partners at the end of September. If you need it, leave a message below. The quota is limited and first come first served!
