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Three scenarios for Friday’s crucial U.S. jobs report Add to ...

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The U.S. economy has been posting some monster numbers, and this week’s data might be the final blow to wipe out any resistance lingering among Federal Open Market Committee members towards starting the tapering of its stimulus program later this month. All of this hinges on tomorrow’s monthly barnburner of a statistic: the U.S. non-farm payrolls report. A robust number will make it hard for the Fed to resist a small taper, if for no better reason than to get it out of the way before Federal Reserve chairman Ben Bernanke exits and traders close their books on 2013.

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