Analysis: The urgency for the Federal Reserve to cut interest rates has diminished in the near term.

According to Odaily Planet Daily, an analysis by an agency points out that the US unemployment rate of 4.4% in December remained unchanged from September, easing concerns about a jump to 4.6% in November. While higher than the lowest levels seen during the post-pandemic hiring boom, this unemployment rate remains quite moderate by historical standards. These figures may marginalize discussions about a Fed rate cut in January—with a lower unemployment rate and limited initial jobless claims, officials may not feel much urgency to further lower rates after three consecutive cuts by 2025. (Jinshi)