Data released today show: The number of people filing for unemployment benefits in the United States for the week of February 24 was 190,000, lower than the expected 195,000 and lower than the previous value of 192,000. The number of Americans continuing to apply for unemployment benefits in the week of February 18 was 1.655 million, lower than the expected 1.665 million and higher than the previous value of 1.654 million. After the data was released, the market debated whether the Federal Reserve would resume raising interest rates by 50 basis points this month. The probability of raising interest rates by 50 basis points in March rose to 30.6%.
Regarding the issue of interest rate hikes by the Federal Reserve, please read my long article "Impressions from Reading "History of Interest Rates"" - this book and article clearly explain my judgment on the Federal Reserve's interest rate hike this time.
