Reported about 4 hours ago
In January, the U.S. economy added 143,000 jobs, falling short of economists' expectations, yet the unemployment rate decreased and wage growth surpassed forecasts. Interactive Brokers strategist Steve Sosnick argues that despite the job number being lower, revisions suggest a stable employment landscape, with those employed earning more. He believes this data does not require the Federal Reserve to alter its current stance, emphasizing the importance of a robust economy over a more accommodative Fed.
Source: YAHOO