The number of initial jobless claims in the United States has only slightly increased, and it is expected that the Federal Reserve will not cut interest rates at next week's policy meeting

ChainCatcher news, according to Jinshi reports, the number of initial jobless claims in the United States slightly increased last week, indicating that employment may continue to grow steadily in January. The severe cold weather in most parts of the United States and the wildfires in Los Angeles may increase initial claims in the coming weeks.

In addition to weather factors, the job market remains stable, keeping economic growth on a normal track. The Trump administration's crackdown on immigration, tax cuts, and tariff plans may lead to inflation, which has also intensified the Federal Reserve's cautious stance on monetary policy direction.

Economists say that large-scale deportations and restrictions on legal immigration could hinder the labor market. The Federal Reserve's policy meeting next week is not expected to result in an interest rate cut.