US jobs surprise reduces chance of a rate cut in March

In the US The Fed kept interest rates on hold for the fourth month running with Chair Powell commenting that while it would be appropriate to lower rates at some point this year, it is unlikely that a cut will happen as soon as March. Markets are now pricing in less than a 20% chance of a March cut.

Full report
https://realmim.com/us-jobs-surprise-reduces-chance-of-a-rate-cut-in-march/

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