Institution: Stabilized unemployment rate eases market anxiety, reducing the urgency for the Federal Reserve to cut rates in the near term
PANews, January 9th – According to Jinse Finance, institutional analysis indicates that the U.S. unemployment rate in December was 4.4%, unchanged from September, alleviating concerns about the rate jumping to 4.6% in November. Although this figure is higher than the post-pandemic hiring boom’s lowest levels, it remains relatively moderate by historical standards. These data may marginalize discussions about a Federal Reserve rate cut in January—since the unemployment rate has decreased and initial jobless claims remain limited, officials may not feel a strong sense of urgency to further lower rates after three consecutive cuts in 2025.
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