Jobs report sparks rise in odds for quarter-point Fed rate hikes in March and May
Previously skeptical traders may be coming around to the idea the Federal Reserve could follow an expected 25 basis point interest rate hike in March with another in May, after a much stronger-than-expected January U.S. jobs report.
For... Previously skeptical traders may be coming around to the idea the Federal Reserve could follow an expected 25 basis point interest rate hike in March with another in May, after a much stronger-than-expected January U.S. jobs report.
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US adds a surprisingly strong 517,000 jobs despite Fed hikesAmerica’s employers added a robust 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates
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