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The US non-farm employment population adjusted for November is 227,000. Analysts suggest that there may be a pause in interest rate cuts in January

The US non-farm employment population adjusted for November is 227,000. Analysts suggest that there may be a pause in interest rate cuts in January

Bitget2024/12/06 13:52

Bitget news, the US non-farm employment population adjusted for November is 227,000 people, expected to be 200,000 people. The previous value was revised from 12,000 to 36,000. Analyst Joseph stated that overall these data are not enough to change the possibility of the Federal Reserve cutting interest rates in December. The reflexive rise in US bond yields reflects market concerns about strong employment report data. A slightly higher unemployment rate will bring comfort to the Federal Reserve. However, according to this trend, we suspect that a rate cut in December may lead to a pause in cuts in January.

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