The US economy is forecast to have gained around 180K new jobs in February after an excellent increase of 304K positions in January (before revisions). This moderation is projected to be accompanied by an acceleration in wages: 3.3% y/y and 0.3% m/m. The unemployment rate rose last time to 4% but with an increase in the participation rate. And speaking about rates, an upbeat NFP could push the Fed to raise rates later in the year.
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