Fed Miran on CNBC is saying:
- Hesitant to read too much into one month jobs report.
- Policy is mis-calibrated
- monetary policy is too tight.
- Fed typically does not respond to oil prices.
- If anything biases me toward even more dovish policy.
- Hesitant to respond to oil prices until we know more
- It is hard to imagine what the new type of jobs will be.
- There is no pressure in rents right now.
- I never took the view that tariffs are a driver inflation.
- Apparel pushed through price increases in Q3 and Q4
- They expect they will be able to push price pressures back on their international suppliers.
This article was written by Greg Michalowski at investinglive.com.
