1419 ET - In the minutes of the January FOMC meeting, "most" participants noted recent jobs data such as the unemployment rate, layoffs and job openings suggest labor market conditions may be stabilizing after a period of gradual cooling. Meanwhile, "several" participants noted their business contacts continued to express caution in hiring decisions -- with uncertainty about the economic outlook and effect of AI. In addition, "some" participants pointed to labor supply such as lower net immigration as contributing to low pace of job gains. (jessica.coacci@wsj.com; @jessica_coacci)
(END) Dow Jones Newswires
February 18, 2026 14:20 ET (19:20 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.