The probability of a 0.25 percentage point increase rose above 70% at one point in morning trading,"In all, the data do not argue for a 50 [basis point] rate hike by the Fed on March 22 despite the strong payroll advance," said Kathy Bostjancic, chief economist at Nationwide.in February, well ahead of the Wall Street estimate for 225,000 but still a step down from January's 504,000.
"The Fed can take comfort in the rise in the supply of labor and the easing of upward pressure on wages to maintain a 25 [basis point] rate increase," Bostjancic added. A basis point is 0.01 percentage point. "The February report was overall on the softer side," Michael Gapen, chief U.S. economist at Bank of America, said in a client note. "While payrolls topped our expectations, the rise in the unemployment rate and relatively weak average hourly earnings data point to a little better balance between labor supply and demand."
Nope. Interest rate hikes will be higher, faster and stocks will keep going down. If I’m right another 11% for the Russell 2000. As long as a Democrat is in the White House. 1970s all over again. Flat to zero growth. DemocratsAreDestroyingAmerica ClimateChangeFantasies
Nope. Gonna keep going down. Another 11% for the Russell 2000. Bank on it as long as a Democrat is in the White House. 1970s all over again. Flat with zero recovery at the bottom.
This should happen too wellsfargo,JPMorgan morgan, goldman Sachs and bank America. They team up with criminals to manipulate stocks , lending fake shares , destroying good companies and robbing investors in broad daylight . They naked shorting Silvergate bank. 90% short interest
Why is KPMG economist commenting on CNBC? KPMG is SVB auditor. This is not appropriate
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