Deep Tide TechFlow news, on January 10, according to Jinshi reports, financial website Forexlive analyst Justin Low stated that the trend in the U.S. job market is clear; after a strong rebound following the COVID-19 pandemic, it has been softening. The U.S. economy has been quite resilient, and the labor market has proven this—despite the situation slowing down. As the Federal Reserve seeks to pause the interest rate cut cycle, this will be a key area to watch in the coming months.
If the labor market conditions align with inflation data, this will prove that the Federal Reserve's wait-and-see approach while waiting for Trump’s policies to take effect is the correct outlook. However, if the data deteriorates, there will be reason to worry about whether the Federal Reserve will cut interest rates again at the start of the New Year. The price fluctuations (if any) before the weekend will determine the broader market sentiment.