US probably shed jobs last year, top Federal Reserve official says
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
Expected market reaction
Market impact analysis based on bearish sentiment with 80% confidence.
Evidence trail
Evidence
AI provenance
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.