Analyst: The Federal Reserve has room to wait for more data, and the market's reaction to the non-farm payroll report varies.

Jinse Finance reported that Seema Shah, an analyst at Principal Asset Management, commented on the US September non-farm payrolls: The market's response to the non-farm employment report was mixed. The stock market welcomed the higher-than-expected employment numbers, indicating that the economy remains robust; meanwhile, the bond market focused more on the rising unemployment rate and slowing wage growth, which could leave the possibility of a Federal Reserve rate cut in December. Today's employment data is unlikely to make the Fed inclined to cut rates in December. Even so, holding steady in December would not be a serious mistake. Although low consumer confidence highlights concerns about job security, the labor market, while somewhat soft, is far from recession, giving the Fed breathing room to act decisively once there is enough compelling data. (Golden Ten Data)