- 227K is a big number but need to look at averages
- Jobs market cooling to something like sustainable full employment, want to keep it there
- Last few months, jobs number feels like a sustainable, full employment pace
- Measurements like the ratio of vacancies to number of unemployed people show balance in the jobs market
- What happens with immigration will have a very significant impact on the size of the labor force
- Says he won't pre-commit to December decision, still several data points to come
- Overall progress on inflation is still encouraging
- The same volatility that attracts people to bitcoin is what makes it not a currency, it's it's not a stable store of value
Also just now, Goldman Sachs' chief economist Jan Hatzius was on CNBC saying he expects the Fed to cut in December.
