The number of initial jobless claims in the United States increased to 263,000, and the expectations for interest rate cuts have been priced in

ChainCatcher news, according to Jinshi reports, the number of initial jobless claims in the United States increased significantly by 27,000 last week, reaching 263,000, higher than the previous value of 236,000 and the expected value of 235,000. The U.S. Bureau of Labor Statistics pointed out that non-farm payrolls may have been overstated by 911,000, with employment growth almost stagnating in August, and the number of jobs decreased in June for the first time in four and a half years. The Federal Reserve is expected to cut interest rates by 25 basis points next week, which the market has fully priced in.