Economists expect U.S. job growth to slow but remain healthy through 2025
ChainCatcher reported that gold prices remained stable after rising for three consecutive days, as traders await the release of U.S. employment data, which will impact the Federal Reserve's policy outlook for this year. The U.S. non-farm payroll data for December is expected to show a slowdown in job growth, but it will still remain healthy, and economists expect this growth to continue until 2025. Federal Reserve officials have hinted that they may keep interest rates at current levels for an extended period, only cutting rates again when inflation shows a clear decline. As traders lower their expectations for rate cuts by the Federal Reserve in the first half of the year, the U.S. dollar index DXY is expected to rise for the sixth consecutive week, while the 10-year Treasury yield approaches its highest level since April last year. (Gold Ten)
