(MT Newswires) -- Randy Kroszner, University of Chicago Booth School professor of economics and a former Federal Reserve governor, says the Fed will "be waiting a while" before cutting rates because the labor market and wage growth are still strong. The unemployment rate held at 3.7% in December and average hourly earnings rose 0.4% from a month earlier.
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- Fed to 'Wait a While' on Cuts After Jobs Data: Kroszner