U.S. jobs 'surprise increase' in September...YEONJUN's big cut expectation. "Quit".

Expectations for the U.S. Federal Reserve to cut its big-cut interest rate by 0.5%p next month have faded as new job growth in the U.S. was larger than expected in September.

Nonfarm jobs rose by 254,000 in September from the previous month, far exceeding expert projections of 150,000 and the biggest increase in six months since March.

The increase in new jobs in July and August was also revised to 72,000 more than the previous statistics in the two months.

The unemployment rate was 4.1% in September, down 0.1% from August and below expert expectations of 4.2%.

Average hourly wage growth was 0.4% month-on-month and 4% year-on-year, above market forecasts by 0.1%p and 0.2%p, respectively.

The upward revision of the September employment data and July-August data, which far exceeded expectations, is expected to raise awareness that the U.S. economic situation continues to grow, contrary to concerns.

It is also expected to significantly lower expectations that the Fed could cut interest rates by 0.5%p at its monetary policy meeting in November and further slow the pace of rate cuts.

The Chicago Mercantile Exchange FedWatch, which forecasts the Fed's interest rate policy, has significantly reduced the Fed's probability of cutting big-cut rates at its next meeting from 32% to 9%.