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Analyst: Federal Reserve's March policy meeting may face calls for a rate cut, with the balance tilting toward dovishness
Svmuu News: Christopher Hodge of Natixis noted that this report could have a particular impact on Federal Reserve Board member Waller. Recall that just earlier today, he stated that if February’s data appears weak and January’s data is revised downward, questions will arise as to why Federal Reserve is holding steady rather than cutting rates…This would reinforce the dovish view at Federal Reserve that the recent encouraging labor market data is merely “Fool’s Gold” (a term specifically referring to deceptive economic data). (Jin Shi)
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