Fed Will Not Cut Rates in January: Lindsay Rosner

Fed’s Stance on Rate Cuts

Goldman Sachs Asset Management’s Lindsay Rosner stated, “January is unambiguous, the Fed will not be cutting.” This comment follows the release of the US jobs report indicating a nonfarm payroll increase of 50,000 last month, after prior months were revised downward.

US Jobs Report Insights

The US jobs report revealed a 50,000 increase in nonfarm payrolls for December, reflecting a slower job growth trend. The prior two months’ figures were revised downward, highlighting ongoing labor market challenges and influencing the Federal Reserve’s monetary policy decisions.