Surveillance: The Fed & the Labor Market
Bloomberg Surveillance
00:00
Is the Fed Really Forward-Looking?
Bruce Kasman: I think it's appropriate for the Fed to be targeting a softening in the labor market. He says they may not have the labor market outcomes at that time that makes them comfortable to do so. Kasman: How can you be forward-looking if you're chasing a lagging and it indicates her? The tough call is, do you stop on the tightening before you've gotten all the data?
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Transcript
