More from a Fed Gov. Jefferson: Too early to say April CPI started a new trend

More from Fed Gov. Jefferson:

• Important not to focus on just one data point.
• Too early to say April CPI started a new trend, but was good sign.
• The labor market has been quite resilient.
• Labor market coming into better balance.
• Possible to have continued job growth while disinflation continues.
• Wants Fed policy to fulfill both sides of Fed mandate
• Job market resilient gives Fed space to maintain focus on lowering inflation.
• Cautiously optimistic we can continue our battle with inflation and keep the economy strong

This article was written by Greg Michalowski at www.forexlive.com.