Société Générale: The Federal Reserve has reasons to hold steady in January

According to Odaily, Subadra Rajappa, Head of US Rates Strategy at Société Générale, commented on the US non-farm payrolls: The current focus is mainly on the unemployment rate, as the pace of job growth has been slowing down. The decline in the unemployment rate and the increase in wages provide the Federal Reserve with more reasons to keep interest rates unchanged in January. However, the bond market has reacted rather calmly to this important data indicator. No news might actually be a good thing for risk assets. (Golden Ten Data)