The United States will release August non-farm payrolls data this Friday, which may have a significant impact on the Fed's decision

BlockBeats news, September 2, according to the schedule, the United States will release August non-farm employment data this Friday. According to economists' forecasts compiled by Bloomberg, the number of new jobs is expected to be between 100,000 and 208,000, with a median of 163,000, and the unemployment rate is expected to gradually decline to 4.2%. At a time when economic growth has become the only focus of the market, these data are likely to affect market sentiment. It is worth noting that previously, the July non-farm data had triggered a general decline in the capital market in early August.

Powell previously stated at the Jackson Hole Central Bank Annual Meeting in Wyoming that the "direction of progress is clear" for future policies, but "the timing and pace of interest rate cuts will depend on new data, changing prospects and the balance of risks." (Jinshi)