The Fed Should Not Abandon The Principles Behind Its Policy Stage

The Fed clearly does not think the job is done in terms of inflation, says Dr. Daniel Altman. He talks about how the Fed is interested in the path of wages and its effect on prices more than the employment path. He notes that it would be a huge mistake if the Fed abandoned the principles behind its policy stage. He then goes over when the Fed will signal a pause. He also highlights the employment situation for January 2023 and mentions what to focus on in tomorrow's jobs report. Tune in to find out more about the stock market today.