The official government tally of jobs showed that 353,000 more people were on payrolls in January. Economists were initially betting there would be 185,00 new jobs. Let’s discuss with Chris Low, chief economist at FHN Financial.
It will be a year next month since a run on some regional banks rattled the world financial system. This week, investors became anxious after a regional bank in New York posted a surprise quarterly loss, in part due to souring commercial real estate loans.
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