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US probably shed jobs last year, top Federal Reserve official says
Market Intelligence Analysis
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Why This Matters
The US labor market is expected to have shed jobs in 2023, according to a top Federal Reserve official, Chris Waller. This suggests a weakening labor market, which could lead to a potential rate cut in March if further signs of decline are observed. This development may have a bearish impact on the US economy.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
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.
Governor Chris Waller says he would back March rate cut if there are further signs of weakening in labour market
Original article published by
Financial Times
on February 23, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.