Your takeaway from the jobs data and how Fed officials interpreted it?
Caroline Hyde
Mike McKee
They have to admit it's a weak number. The number of jobs lost is significant for one month.
How are you expecting the governors to vote? Will Fed Governor Miron have company?
Isabelle Lee
Mike McKee
Stephen hasn't changed his view, looking for a 25bp cut. Chris Waller will likely reiterate his dissent. But they admit at this point we've got to wait and see.