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Analysis: Non-farm data releases strong positive signals for the economy, which may lead the Federal Reserve to slow down the pace of interest rate cuts

2024-10-04 20:54:42
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ChainCatcher news, according to Jinshi reports, the non-farm payroll data for September shows that the U.S. job market added 254,000 jobs last month, and U.S. stock index futures rose. The S&P 500 futures increased by 0.7%, higher than the approximately 0.3% before the data was released. Traders are weighing the positive signals of economic strength in the report, as well as the possibility that strong job growth may lead the Federal Reserve to slow down the pace of interest rate cuts.

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