PANews reported on January 9th that, according to Jinshi, institutional analysis indicates 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. This data may marginalize discussions about a Fed rate cut in January—with a lower unemployment rate and limited initial jobless claims, officials may not feel a strong urgency to further lower rates after three consecutive cuts by 2025.