US probably shed jobs last year, top Federal Reserve official says

Financial Times Published Updated Global Markets & Finance
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Why it 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.

Article tone

Neutral How the article is written, as reported by the source.

Expected market reaction

Bearish Confidence 80% How confidence is read Horizon: Short term Impact: Moderate

Market impact analysis based on bearish sentiment with 80% confidence.

Evidence trail

Evidence
Claim US probably shed jobs last year, top Federal Reserve official says
AI inference Bearish · 80%
Generated 2026-02-23 14:39

AI provenance

Analysed by Llama 3.1 8B Instant (Groq) Methodology v1.0 Generated
Technical identifiers
Provider tag
groq-llama-3.1-8b-instant
Analysis version
groq-llama-3.1-8b-instant
Article id
48997

Original source

Governor Chris Waller says he would back March rate cut if there are further signs of weakening in labour market

Read the full article on Financial Times

Original article published by Financial Times on February 23, 2026. Analysis and insights provided by AnalystMarkets AI.

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