MARKET DAILY

Market 03/08: Questions about the reliability of US economic data after the NFP report

February Non-Farm Payrolls (NFP) increased sharply but with a large downward revision for January. Unemployment rate increased to the highest in 2 years.

Inflation expectations relatively declining + Demand gradually decreasing due to monetary policy.

Fed is responsible for ensuring price stability.

February Non-Farm Payrolls higher than expected but with large downward revision for January

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