- Jobs data consistent with a cooling economy
- Says he would like to see the jobs data more closely
- More focus now on balancing Fed’s jobs and inflation mandates
- Elections don’t make the Fed’s job more difficult
- Independent central banks achieve goals better
- We’re moving in the right direction on 2% inflation but not there yet
- Path on rate cuts will be driven by data
- Lowering rates is about helping to keep the job market in balance
There isn’t much of a signal here.
This article was written by Adam Button at www.forexlive.com. Source