Chris Larkin, from Morgan Stanley's E*Trade department, stated that the US August non-farm payroll data fell short of expectations, which may boost investors' expectations of a 50 basis point rate cut by the Federal Reserve in September. However, there is still some time before the FOMC policy meeting, and currently there may not be a definitive conclusion.
The current basic assumption is that the cautious Federal Reserve will cut rates by 25 basis points in September. The market may remain sensitive to subsequent data indicating an excessive cooling of the US economy

Chris Larkin of Morgan Stanley's E*Trade department stated that the US August non-farm payroll was lower than expected, which may lead investors to anticipate a 50 basis point rate cut by the Federal Reserve in September. However, the FOMC policy meeting is still some time away, and the outcome is uncertain. The current basic assumption is that the Fed will cautiously cut rates by 25 basis points, and the market will remain sensitive to subsequent data indicating an excessive cooling of the US economy

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