[AXA Analyst: Weak U.S. Labor Market May Prompt Further Fed Rate Cuts] Chris Iggo, an analyst at AXA Investment Managers, pointed out that despite inflation remaining above target levels, the U.S. labor market is showing signs of weakness, which could likely prompt the Federal Reserve to implement further rate cuts. The delayed release of October and November U.S. non-farm payroll data confirms that job growth has stalled this year. Iggo stated that investors need to closely monitor U.S. labor market data for more signs of weakness.