Is the Fed Paying Too Much Attention to Numbers Like These?

You've warned meme before about backing off too quickly in the cooling of the economy. Is there a risk the fed pays too much attention to numbers like these? We'll have, we'll have to see what they do. If the fed regards this as a major am changer, they will be making another major mistake. They certainly shouldn't make that kind of mistake. But you know, you get out of woods, and even deep woods,. You get out of them, one step at a time.