Institution: The rise in the U.S. unemployment rate is sufficient for the Federal Reserve to cut interest rates by 25 basis points next week

ChainCatcher news, Pepperstone senior research strategist Michael Brown stated in a report that the rise in the U.S. unemployment rate should be sufficient to solidify the case for a 25 basis point rate cut by the Federal Reserve next week.

In November, the U.S. non-farm payrolls increased by 227,000, exceeding analysts' expectations of 214,000 in a Wall Street Journal survey, but the unemployment rate rose from 4.1% reported last Friday to 4.2%. If Federal Reserve policymakers are concerned that Trump may hinder the decline in inflation during the early part of his presidency, or if there are potential upside inflation risks, they might consider skipping a rate hike in January. (Jin Shi)