Headlines discussed at LNWM’s Monday morning briefing:
U.S. unemployment fell to 5.5%, as February payrolls rose by 295,000; wages remained stagnant.
U.S. economic growth for 4th Qtr. 2014 was revised down to 2.2%, as stronger dollar increased imports.
The European Central Bank will start “quantitative easing” — about $70 billion in monthly bond purchases.
China said its economy would expand 7% in 2015, the lowest growth rate in 25 years.
India surprised by cutting interest rates a second time since January to spur economic growth.
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