Over 500,000 US jobs created in January but what does ‘awe upside surprise’ mean for Fed’s rate hike cycle?

More than half-a-million new jobs were created in the US this month, leading to renewed fears the Federal Reserve could hike up interest rates when it meets next month, Statistics from the US Department of Labor howed jobs rose by 517,000 in January, while the unemployment rate changed marginally, at 3.4 percent. This week the [...]