Federal Reserve mouthpiece, non-farm payroll report supports maintaining interest rates this month

GateNews

2026-01-09 15:18:30

ChainCatcher News reports that, according to Jinshi, “Federal Reserve mouthpiece” Nick Timiraos’s latest article points out that the December employment report provides ample reason for the Federal Reserve to maintain a wait-and-see stance at this month’s meeting. Non-farm employment increased by only 50,000 jobs, and the three-month average of private sector employment fell to 29,000, the second-lowest growth rate of the year. Although the decline in the unemployment rate eased concerns about a deterioration in the labor market, the report solidified market expectations that the Federal Reserve will hold steady at the meeting scheduled for January 27 to 28.

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