After ECB, Employment Data Will Take Center Stage

One of the bigger pieces of news this morning is that European Central Bank President Mario Draghi said the odds of further measures to boost the once-ailing eurozone economy are becoming less likely. For those of us that have been paying attention to the monthly PMI data furnished by IHS Markit, this isn't much of a surprise. That data, of late, has depicted not only an improving economy, but one that is seeing a pick-up in inflation. That news will no doubt catch the Fed's attention, as members get ready for the FOMC meeting next week.

Ahead of that meeting, expectations had been climbing for a March interest rate hike, but in the last several days we've gotten some conflicting data:...531 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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