When the economy loses 92,000 jobs and your paycheck goes up — and the Fed still won't cut

On 3/6/2026, the BLS reported nonfarm payrolls fell 92,000 in February — third job loss in five months. Unemployment rose to 4.4%. Federal government cut 10,000 jobs — 330,000 total since October 2024. Average hourly earnings rose 0.4%, above forecast. Oil at $110. The Fed meets March 18. Morningstar: "unlikely to cut." Traders pushed rate cut expectations to July. The economy added fewer than 5,000 jobs per month on average since January 2025. Wages up, jobs down, rates frozen. Which direction does the Fed move when both directions are wrong? 👇

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