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March Rate Hike Still Likely Off the Table After Jobs Number

A steady unemployment rate and tick down in wages will likely stay the Fed's hand in March, but the market is still underestimating the prospect for hikes this year.

Jeremy Glaser: For Morningstar, Jeremy Glaser. The U.S. economy added 242,000 jobs last month--well above expectations. Bob Johnson is traveling, but I'm here with Roland Czerniawski to for his take. Roland, thanks for joining me.

Roland Czerniawski: Great to be here.