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Resilient Labor Market Suggests FOMC Will Need to Raise Rates by 50bps Later This Month

The U.S. economy added 311k jobs in February, well ahead of the consensus forecast of 225k. Revisions to the two months prior were slightly negative, subtracting 34k from the previously reported figures. Employment gains on the service-side (+245k) remained strong and were concentrated in leisure & hospitality (+105k), health care (+63k), professional & business services […] The post Resilient Labor Market Suggests FOMC Will Need to Raise Rates by 50bps Later This Month appeared first on Action... Read More

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Resilient

Labor

Market

Suggests

Fomc

Will

Need

Raise

Rates

Month

Forex

Posted: Mar 10 2023, 14:31

Author Name: actionforex

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