According to ChainCatcher, Michael Brown, senior research strategist at Pepperstone, said in a report that the rise in the U.S. unemployment rate should be enough to consolidate the Fed's case for a 25 basis point rate cut next week.

The number of non-farm payrolls in the United States in November was 227,000, higher than the 214,000 analysts expected in a Wall Street Journal survey, but the unemployment rate rose to 4.2% from 4.1% announced last Friday. If Fed policymakers are concerned about Trump's early presidency hindering the decline in inflation, or potential upside inflation risks, then they may be able to skip the January rate hike. (Jinshi)