Hawk-Dove Balance Tipped, Fed's March Rate Decision Could Face Rate Cut Calls

BlockBeats News, March 6th, Christopher Hodge of Natixis said that the latest non-farm payrolls report might be particularly influential for Fed Governor Waller. Recall earlier today when he suggested that if the February data looks soft and the January data is revised down, then questions will be raised about why the Fed is standing pat and not cutting rates… This would reinforce the dovish view at the Fed, that the recent encouraging labor data is just “Fool’s Gold,” referring to deceptive economic data. (FXStreet)