Fed mouthpiece: Non-farm payroll report supports keeping interest rates unchanged this month.

According to Mars Finance, citing Jinshi News, Nick Timiraos, often referred to as the "Federal Reserve mouthpiece," recently wrote that the December jobs report provided ample reason for the Fed to maintain a wait-and-see attitude at this month's meeting. Non-farm payrolls increased by only 50,000, and the three-month average of private sector hiring fell to 29,000, the second-lowest growth rate of the year. While the decline in the unemployment rate eased concerns about a deteriorating labor market, the report solidified market expectations that the Fed would hold rates steady at its January 27-28 meeting.