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Pictet: Strong US job creation reinforces March rate hike

A healthy US employment report last week further reinforced Pictet’s existing view towards a March rate hike and its 2017 GDP growth projection of 2.0%. The latest job creation figures were robust, headlined by a 235,000 month-on-month rise in the non-farm payroll in February, beating consensus expectations of a 200,000 rise, 4.7% US unemployment rate and 2.8% year-on-year increase in…

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