美联储传声筒:非农报告为美联储本月按兵不动提供充足理由
Sou Hu Cai Jing·2026-01-09 15:26

Core Viewpoint - The December employment report provides sufficient reasons for Federal Reserve officials to maintain a wait-and-see attitude in their upcoming meeting, with non-farm payrolls increasing by only 50,000 and the three-month average for private sector hiring dropping to 29,000, marking the second-lowest growth rate of the year [1] Group 1 - The weak employment growth highlights the dynamic characteristics of the labor market in 2025, characterized by slow hiring and slow layoffs [1] - The decrease in the unemployment rate temporarily alleviates extreme concerns about the deterioration of the labor market, which has prompted the Federal Reserve to cut interest rates in the last three meetings [1] - The report reinforces market expectations that the Federal Reserve will remain on hold during the meeting scheduled for January 27-28, but the weak hiring data ensures that discussions about the health of the labor market are far from over [1]