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1.Market Observations, 8.Was Sticky

11 Mar 2017 (NYTimes) – Steady U.S. Job Growth Sets Stage for Fed to Raise Interest Rates

(11 March 2017, , New York Times online)

‘Even the weather cooperated. Pretty much all the ingredients needed for a rousing display of labor market strength lined up in February, with gains in payrolls, wages and the size of the overall work force. The strong monthly jobs report on Friday — representing President Trump’s first full month in office — should sweep away any last-minute reservations harbored by Federal Reserve policy makers about raising the benchmark interest rate when they meet next week.’



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