<p>The non-farm payroll data to be released tonight at 8:30 p.m. will not only determine the extent of the Fed's rate cut in September, but also provide crucial clues as to whether the U.S. is heading into a recession. Currently, the market generally expects a rebound in August non-farm payroll data, with employment numbers expected to increase significantly from 114,000 last month to 165,000, and the unemployment rate to decrease slightly from 4.3% to 4.2%. This indicates a moderate recovery in the labor market, which may dampen expectations of a 50 basis point rate cut</p>

<p>The non-farm data to be released tonight at 8:30 will impact the Fed's interest rate cut decision in September and the assessment of a US economic recession. The market expects the August non-farm employment to increase from the previous month's 114,000 to 165,000, with the unemployment rate slightly decreasing to 4.2%, indicating some improvement in the labor market. This may dampen expectations of a 50 basis point rate cut</p>

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