Williams Q&A: Jobs data consistent with a cooling economy

• Jobs data consistent with a cooling economy
• Says he would like to see the jobs data more closely
• More focus now on balancing Fed’s jobs and inflation mandates
• Elections don’t make the Fed’s job more difficult
• Independent central banks achieve goals better
• We’re moving in the right direction on 2% inflation but not there yet
• Path on rate cuts will be driven by data
• Lowering rates is about helping to keep the job market in balance

There isn’t much of a signal here.

This article was written by Adam Button at www.forexlive.com.