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Economist: Fed May Keep Rates Unchanged for Longer

2026-01-01 00:19

Odaily News: Brian Jacobsen, Chief Economist at Annex Wealth Management, stated: "There is noise in the unemployment claims data, especially during the holiday period, but despite that, it remains the best data for measuring the health of the labor market." He added: "Perhaps the biggest surprise of the new year is that the labor market began to improve in December, which means the Fed may keep interest rates unchanged for longer than previously expected." (Jin10)