Analysts: Non-farm payroll data may become a litmus test for the Fed's decision to cut rates last week.

Odaily Planet Daily analyst Chris Anstey stated that today's non-farm payroll report is crucial for Federal Reserve policymakers. Although the next interest rate decision isn't until January 28th, at which point the Fed will have access to December data, making this report not the decisive factor from that perspective, the data results are likely to influence judgments about the wisdom of last week's rate cut decision. There was significant disagreement within the Fed regarding last week's interest rate decision. If today's employment data is weak, the rate cut decision will appear prescient; conversely, if the job market shows a robust trend, it will undoubtedly strengthen the position of officials advocating for a pause in rate cuts. (Jinshi)