[Analyst: Strong Non-Farm Payrolls Likely to Suppress Rate Cut Probability in H1, But Too Early to Rule Out Completely] Odaily Planet Daily News – Investinglive analyst Justin Low stated that all eyes are on the non-farm payroll data, with market participants awaiting the news to react accordingly. Currently, traders expect the Federal Reserve to cut rates by a total of about 60 basis points this year, with a 25-basis-point rate cut already priced in for the June meeting. Yesterday's weak consumer outlook naturally reinforced this pricing expectation. If today's non-farm payroll data is strong and the unemployment rate remains stable, it would indicate that the Federal Reserve may keep rates unchanged for a longer period. In an optimistic scenario, this could significantly reduce the risk of a rate cut in the first half of the year. However, given the mixed signals from yesterday's U.S. consumer data, it is still too early to completely rule out the possibility of further rate cuts in June or July. (Jin10)