Compounding the issue is the latest jobs data, which shows the labor market continuing to strengthen. Payroll provider ADP reported that private employers added 66,000 roles in February, well above the 50,000 expected. That doesn’t help the argument for a cut. The second part of the Fed’s mandate—steady employment—is already taking care of itself with little intervention.
This story was originally featured on Fortune.com
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Immediately upon seeing his “2D-block” of data URL data I thought, “I bet you could put an ASCII image in that block.”
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