Maybe, but the current pace of wage increases for workers in the US–even after the pop reported in January’s payrolls data–still implies inflation at a rate that’s well below the Fed’s 2% target. Nonetheless, analysts are becoming more confident that the latest round of employment numbers boosts the odds that the Fed will begin raising interest rates later this year, perhaps as early as June.
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● German 2014 Trade Surplus At Record High | RTT
● Germany Posting Record Surplus Gives Fodder to Economy’s Critics | Bloomberg
● Now’s not the time to raise US interest rates | WaPo
● Euro zone sentiment improves sharply in Feb on ECB bond-buying | Reuters
● China’s Exports Post Surprise Drop in January | WSJ
● Get ready for Greece to leave euro, says Greenspan | Telegraph
● Bank of England set to make its first deflation forecast | The Times