Recent release of non-farm employment data triggered a series of reactions in financial markets, most notably an increase in the expectation of the magnitude of interest rate cuts by the Federal Reserve this year. This phenomenon reflects the market's reassessment of economic conditions and the direction of monetary policy. Following the release of the non-farm employment data, investors have gained new insights into the pace of economic recovery and potential policy changes, leading to adjustments in their expectations of future Fed actions. This shift not only demonstrates the market's sensitivity to economic indicators but also signals possible changes in the future direction of monetary policy.