Fed's Waller: The interview for Fed chair was great
- I don't know if I am a finalist for the position or not
- There was nothing political about the interview
- "It was all serious economics"
- There have been shutdowns before, there is a lot of private sector data to rely on
- Pieces of data are all telling the same story now, that the labour market is not doing great
- ADP data is consistent with where BLS data was heading, that is towards negative jobs growth
- CPI data will help a lot in the coming meeting
- Tariffs effect on inflation is a one-time change and can be looked through
- If inflation goes up and comes back down, it should not influence monetary policy