Business & MarketsEconomy

Ukraine-Russia War Puts Fed in Quandary on Rate Hike Despite February Jobs Beats

Save
Ukraine-Russia War Puts Fed in Quandary on Rate Hike Despite February Jobs Beats
The seal for the Board of Governors of the Federal Reserve System is displayed in Washington, June 14, 2017. Joshua Roberts/Reuters
J.G. Collins
Updated:
Commentary
The February jobs report printed at 678,000 new jobs, well above the consensus estimate of 400,000. That’s up from January’s 481,000 jobs. (Note that the month-to-month data for January was affected by the annual benchmarking data that was discussed in our last jobs report and that is detailed by the Bureau of Labor Statistics here.)
J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
Related Topics