Market analysis: Weak labor market could lead to further rate cuts by the Federal Reserve
2025-12-19 16:02:12
Chris Igo, an analyst at Axa Investment Management, noted that the US labour market was showing signs of weakness in spite of above-target inflation, which was likely to prompt the Federal Reserve to cut interest rates further. "The delayed US non-farm payrolls data for October and November confirm what has been evident this year - that job growth has stalled." Mr. Igo said investors needed to keep a close eye on US labour market data for more signs of weakness.
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