Express
Analysis: Urgency for Recent Fed Rate Cut in US Diminished
Summary: According to sources, institutional analysis indicates that the US unemployment rate in December remained at 4.4%, the same as in September, easing concerns about a rise to 4.6% in November. Despite being higher than the lowest levels during the post-pandemic hiring boom, this unemployment rate is still relatively moderate by historical standards. These data may ...
According to sources, institutional analysis indicates that the US unemployment rate in December remained at 4.4%, the same as in September, easing concerns about a rise to 4.6% in November. Despite being higher than the lowest levels during the post-pandemic hiring boom, this unemployment rate is still relatively moderate by historical standards. These data may marginalize discussions about a Fed rate cut in January - with a decrease in unemployment and limited initial jobless claims, officials may not feel a strong urgency to further lower rates after three consecutive cuts in 2025.
