Goldman Sachs: Non-farm data indicates that the Federal Reserve will continue its easing cycle next week

ChainCatcher news, according to Jinshi reports, strikes and hurricanes have affected this month's non-farm payroll data, with employment growth unexpectedly declining and the unemployment rate remaining unchanged. Although the Federal Reserve may attribute the weakness in today's data to one-off factors, the weakness in today's data suggests that the Fed will continue its easing cycle at next week's meeting. The data is concerning, and the likelihood of a 25 basis point rate cut in November has increased.