Odaily Planet Daily reports that in February, US ADP employment figures and ISM Non-Manufacturing PMI both exceeded expectations, indicating that the job market, which the Federal Reserve is more concerned about, is becoming more stable. The Fed has also signaled that it is not in a hurry to cut interest rates. Coupled with soaring domestic energy prices due to the war, market expectations for the next rate cut have been pushed back to around September. If the February non-farm payrolls perform modestly or are overshadowed by the war, under the foreseeable scenario of a rebound in inflation, market expectations for the Fed's first rate cut will extend into the third quarter.

On March 4th, the United States will release the February ADP employment figures. Twelve institutions' expectations for the "small non-farm" data range from 40,000 to 75,000, with overall expectations being relatively optimistic.