Institutions: Stabilized unemployment rate eases market anxiety, reducing the urgency for the Federal Reserve to cut interest rates in the near future.

PANews reported on January 9th that, according to Jinshi, institutional analysis indicates that the US unemployment rate of 4.4% in December remained unchanged from September, easing concerns about a jump to 4.6% in November. While higher than the lowest levels seen during the post-pandemic hiring boom, this unemployment rate remains quite moderate by historical standards. This data may marginalize discussions about a Fed rate cut in January—with a lower unemployment rate and limited initial jobless claims, officials may not feel a strong urgency to further lower rates after three consecutive cuts by 2025.