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Analysis: January Jobs Report Won’t Change the Fed’s New Wait-and-See Stance

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The strong January employment report offers one promising data point for Federal Reserve officials who are trying to gauge how the U.S. economy weathered increased market volatility and slowing global growth at the end of last year.

Fed officials signaled this week that after raising their benchmark interest rate four times last year, they are on hold until further notice. It will take more than one solid employment report for them to move again.

Source: WSJ.com: US Business
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