The Fed’s labour booster shot

After two months of sluggish growth the US labour market appears to be on the mend. The Fed will take this as a sign to charge ahead with its taper program.

Despite unusually poor weather continuing to be a factor, the US labour market regained its momentum in February. As a result, the Federal Reserve is all but certain to continue tapering its asset purchasing program when it meets on March 18 and 19.


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