The Federal Reserve's spokesperson, the non-farm payroll report supports keeping interest rates unchanged this month

According to Jinshi reports, "Fed mouthpiece" Nick Timiraos recently wrote that the employment report for December provides ample reason for the Federal Reserve to maintain a wait-and-see attitude at this month's meeting. Non-farm payrolls increased by only 50,000, and the three-month average for private sector hiring dropped to 29,000, marking the second-lowest growth rate of the year. Although the decline in the unemployment rate alleviated concerns about a deterioration in the labor market, the report reinforced market expectations that the Federal Reserve will remain inactive at the meeting on January 27-28.