U.S. job growth slowed to a still solid pace in February, with the unemployment rate expected to remain at a more than five-decade low, which could prompt the Federal Reserve to raise interest rates longer and higher. Is. level of inflation control The closely watched jobs report from the Labor Department on Friday is also expected to maintain the upward trend in wages, underscoring an increasingly tight jobs market. The projected slowdown in job gains comes after January’s rapid pace, which raised hopes in financial markets that the Fed will maintain its monetary policy tightening campaign through the summer. Fed ... (full story)