Joe Brusuelas calls the private payrolls uptick "underwhelming" after showing 41,000 hires for December. He says he talked with company executives who hold "hesitation" of adding new positions until AI shows long-term returns on investment. As for the Fed, Joe doesn't see appetite for an interest rate cut for the next few months.

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Brusuelas: Private Payrolls 'Underwhelming,' FOMC Little Appetite to Cut Rates