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Fed chief Powell says a frail U.S. labor market has stabilized. Low jobless claims back him up.
Market Intelligence Analysis
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Why This Matters
Federal Reserve chief Jerome Powell stated that the US labor market has stabilized, citing low jobless claims as evidence, which may support a decision to maintain interest rates.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Federal Reserve chief Jerome Powell said Wednesday that the U.S. jobs market seems to have stabilized after a big letdown last year, justifying a decision to leave interest rates unchanged. The latest jobless-claims report appears to support his claim.
Original article published by
MarketWatch
on January 29, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.