Group 1 - The January employment data in the U.S. showed unexpected strength, with 130,000 new jobs added and the unemployment rate dropping to 4.3%, reducing market expectations for a rate cut by the Federal Reserve before mid-year [1][2] - The strong employment report has led traders to lower the probability of a rate cut in June to below 50%, which was previously considered the most likely time for the next cut [1] - Economists noted that while the January data is robust, it may be subject to downward revisions, and job growth remains concentrated in a few sectors, primarily healthcare [1][2] Group 2 - The healthy January employment data has put to rest concerns about a potential collapse in the labor market, which had been frequently mentioned by some dovish Federal Reserve officials [2] - There are still divergent policy stances within the Federal Reserve, with some officials advocating for maintaining restrictive interest rates to exert downward pressure on inflation [2] - Observers caution that it is still too early to predict the policy direction for June, as key indicators suggest that the labor market and overall economy are strengthening [3]
“非农不冷”打压降息预期 市场重估美联储政策路径
智通财经网·2026-02-11 22:31