Svmuu News: Nick Timiraos, the "Federal Reserve's mouthpiece," writes in his latest article:“Tonight’s December jobs report provides ample justification for Federal Reserve officials to maintain a wait-and-see stance at this month’s meeting, with total nonfarm payrolls increasing by just 50,000 and the three-month average for private-sector hiring falling to 29,000—the second-lowest growth rate of the year.This sluggish pace of job growth underscores the “hiring slowly, firing slowly” dynamic of the labor market in 2025. However, the decline in the unemployment rate has temporarily eased extreme concerns about a deteriorating labor market. It was precisely these concerns that prompted the Federal Reserve to cut interest rates at its last three meetings.The report reinforces market expectations that the Federal Reserve (Federal Reserve) will hold rates steady at its January 27–28 meeting, but the weak hiring data also ensures that the debate over the health of the labor market is far from over.” (Jin Shi)