US job growth in November stronger than expected: Federal Reserve remains restrictive monetary policy

US job growth in November stronger than expected: Federal Reserve remains restrictive monetary policy

According to a report by www.finanzen.net, U.S. job growth remained robust in November, meaning the Federal Reserve is likely to stick with its restrictive monetary policy. The U.S. Department of Labor said 199,000 additional private and government jobs were added, exceeding economists' expectations. The unemployment rate surprisingly fell from 3.9 to 3.7 percent in November.

These strong numbers suggest that the U.S. labor market is cooling enough to deter the Fed from further rate hikes. At the same time, the labor market is still too strong to consider cutting interest rates. So the Federal Reserve faces the delicate balancing act of slowing the economy enough to bring inflation under control without hurting growth too much. The so-called employment rate remained unchanged at 62.8 percent, while US hourly wages rose by 0.4 percent to $ 34.1 compared to the previous month.

This data may have implications for the financial market and the Federal Reserve's monetary policy. The robust job numbers could prompt the Fed to be more cautious about future interest rate hikes so as not to have too much of an impact on economic growth. At the same time, rising wages could raise inflation concerns and prompt the Fed to maintain its restrictive monetary policy.

Overall, the labor market reports indicate that the Fed may need to adjust its interest rate policy to find the balance between economic growth and inflation.

This data and its implications can significantly influence investment decisions and the future of the US economy. It is therefore advisable to closely monitor developments in the US labor market and the Fed's reactions.