World markets

Business, finance, economics, and investments news from around the world.

U.S. companies added 475,000 jobs in February

As much as growth in new jobs is a welcome phenomenon, this, however, revives concerns about inflation and how the Federal Reserve would likely respond by raising interest rates. Markets have been anticipating Fed rate hikes for some time now. But Fed officials have kept coming up with the reasons not to – citing the ‘next’ sitting(s) as the best time to do so.