Société Générale: Declining unemployment rate gives the Federal Reserve more reason to keep interest rates unchanged
ChainCatcher News, according to Golden Ten Data, Subadra Rajappa, Head of US Rates Strategy at Société Générale, stated that the current focus is mainly on the unemployment rate, as the pace of job growth has been slowing down. The decline in the unemployment rate and the increase in wages provide the Federal Reserve with more reasons to keep interest rates unchanged in January. The bond market reacted calmly to this, with no volatility observed.
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