If someone doesn’t know, just shut up. the problem with the FED is the logorrheic approach to monetary policy with comments based on the last data and views reversed in a matter of days. Certainly the NFP numbers have shows more volatility and higher revisions than in the past but you would expect more moderation from policy makers.
This is the way monetary policy works! Governors can change their minds if things change. The employment numbers recently posted may or may not be a new trend. If it is a big bounce up they can pause. It's not a big deal.
If someone doesn’t know, just shut up. the problem with the FED is the logorrheic approach to monetary policy with comments based on the last data and views reversed in a matter of days. Certainly the NFP numbers have shows more volatility and higher revisions than in the past but you would expect more moderation from policy makers.
This is the way monetary policy works! Governors can change their minds if things change. The employment numbers recently posted may or may not be a new trend. If it is a big bounce up they can pause. It's not a big deal.