Tonight, the expectation of interest rate cuts and the independence of the Federal Reserve are being tested

ChainCatcher news, according to Jinshi reports, Felipe Villarroe, portfolio management partner at TwentyFour Asset Management, stated that the U.S. non-farm payroll data for August is crucial for future interest rate cut expectations. This data not only affects short-term interest rate trends but will also shape the market's perception of whether Federal Reserve officials' decisions are politically biased. He warned that if the market believes the Federal Reserve's decisions are influenced by politics, long-term bonds will react negatively. A survey by The Wall Street Journal shows that analysts generally expect 75,000 new non-farm jobs in the U.S. for August.