Employment in U.S. to ECB Policy Decision: Global Economy

Employers in the U.S. probably took on more workers in February than a month earlier, indicating companies were becoming more confident the economy will rebound from a slowdown partly attributed to bad weather, economists forecast a Labor Department report to show.

In Europe, attention will be focused on the European Central Bank meeting. Economists are divided over whether the ECB will increase stimulus. Last week after ECB President Mario Draghi said policy makers are committed to defending the euro area against deflation, a report from the European Union showed February consumer prices exceeded economists’ forecasts.