---
title: "After the employment data was released, the market bets that the Federal Reserve will pause interest rate cuts for a longer period"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/272093602.md"
description: "The U.S. Department of Labor report shows that the unemployment rate fell from 4.5% to 4.4%, with 50,000 new jobs added, which is below expectations. The decline in the unemployment rate may alleviate the Federal Reserve's concerns about the labor market, and traders expect the Federal Reserve to resume interest rate cuts in June rather than April. Although job growth has slowed, the improvement in the unemployment rate provides the Federal Reserve with room to maintain the policy interest rate. Short-term interest rate futures fell, with the likelihood of a rate cut decreasing from 50% to 45%"
datetime: "2026-01-09T14:50:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272093602.md)
  - [en](https://longbridge.com/en/news/272093602.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272093602.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/272093602.md) | [繁體中文](https://longbridge.com/zh-HK/news/272093602.md)


# After the employment data was released, the market bets that the Federal Reserve will pause interest rate cuts for a longer period

The U.S. Department of Labor reported on Friday that the unemployment rate fell from a revised 4.5% in November to 4.4% last month, with employers adding 50,000 jobs, fewer than expected.

The decline in the U.S. unemployment rate may alleviate the Federal Reserve's concerns about a weak labor market and provide justification for maintaining the policy interest rate unchanged for a longer period. Traders are betting that the Federal Reserve will wait until June to resume rate cuts.

Despite the ongoing weakening of monthly job growth momentum, the improvement in the unemployment rate gives the Federal Reserve more breathing room to keep short-term borrowing costs unchanged while waiting for better inflation data.

The Federal Reserve lowered the policy interest rate by 75 basis points last year to prevent a weak job market, although hawkish officials believe that doing so could slow or even jeopardize progress in reducing inflation above target.

Following the employment report, short-term interest rate futures fell.

Traders now see only a 45% chance of a rate cut by April, down from about 50% before the report was released, with the market believing it is more likely to resume rate cuts in June

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