[U.S. hiring slowed in January] U.S. non-farm data showed that hiring slowed in January as wildfires and snowstorms suppressed the development of some industries, while the Federal Reserve hinted that it would pause the process of interest rate cuts, which brought unfavorable factors to economic growth. The U.S. Department of Labor announced on Friday that 143,000 new jobs were added in January and the unemployment rate fell slightly to 4%.
