Non-farm payroll data will be released tonight, which may affect the Federal Reserve's interest rate decision

ChainCatcher news, according to Jinshi reports, at 20:30 Beijing time tonight, the non-farm payroll data for August will be released. Yesterday's ADP data fell short of expectations, and the market is concerned whether tonight's non-farm data will continue the weak trend. This report may influence the Federal Reserve's rate cut path this month. If the job market significantly cools down, it could trigger a "black swan" event of a 50 basis point rate cut, and we need to be cautious of data causing severe market fluctuations.