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Jobs Report, Bank Failure Complicate Outlook on Interest Rates
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The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.
But the failure of a California bank on Friday led investors on Wall Street to pare their bets that the central bank would opt for a larger half-percentage-point increase, rather than a smaller quarter-point bump, amid broader concerns about financial stability risks.
Read more on wsj.comAbout this in other media
Jobs Report, Bank Failure Complicate Outlook on Interest Rates wsj.com /1 year ago
Australia’s record run of interest rate rises more likely to end after Silicon Valley Bank collapse theguardian.com /1 year ago
US Fed faces internal probe over Silicon Valley Bank failure cointelegraph.com /1 year ago
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