After a solid January jobs report, more traders are betting that the Fed’s rate-cut pause might last longer than expected.When the Federal Reserve reached for a half-point interest-rate cut in September,

The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed interest rate cut in March is now very unlikely.

The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.