In my view, it is a very strong possibility,
Here is some mainstream thinking on the possibility:
Market Watch headline: Fed rate hike in March is in the cards after banner jobs report
From the accompanying story:
“Everything is pointing to a March hike,” said Aneta Markowska, chief U.S. economist at Societe Generale in New York.
Traders who bet on rate hikes using fed funds futures contracts now project greater-than-even odds of a March rate hike, according to CME FedWatch. Odds of a rate hike then had slipped below 50% chance earlier this week.
Wall Street Journal headline: Fed ‘probably on track’ to move in March
From the WSJ story:
Sal Guatieri, senior economist at BMO Capital Markets, said the central bank “is probably on track move again” at its March meeting. He added that “wall- to-wall strength in U.S. employment allays concerns about a slowing economy and should keep the Fed on track to tighten again before the spring.”