Strong U.S. job, wage gains open door to mid-year rate hike

Strong U.S. job, wage gains open door to mid-year rate hike

WASHINGTON (Reuters) – U.S. job growth rose solidly in January and wages rebounded, a show of economic strength that put a mid-year interest rate increase from the Federal Reserve back on the table. Nonfarm payrolls increased 257,000 last month, the Labor Department said on Friday, outstripping Wall Street forecasts. […]