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“More ammunition for the Fed hawks after US jobs growth in February. Overall, the report highlights the strength of the domestic economy with rising employment and overall household income rising even faster. . It will reinforce the view that the Fed may increase by 25 basis points in March despite concerns caused by Russia’s assault on Ukraine. ” This is the comment of ING after the publication of the US labor market for the month of February which saw an increase of 678 thousand new jobs, in addition to the expectations of the consensus (+ 440 thousand new jobs). The unemployment rate, on the other hand, fell beyond expectations to 3.8%.