Strong Job Growth and Consumer Spending Keep Rates High As Labor Market Stays Hot
- February job growth blew past expectations at 275,000; March job growth expectations around 200,000
- Job openings expected to dip slightly but still remain high at 8.8 million
- Labor market and inflation are key factors for Fed interest rate decisions
- Economy and spending remain strong, keeping rates higher for now
- Consumer spending jumped in February, especially on services
