There's no real change in the rhetoric. He's talking about risks to economic growth, but within the overall context that monetary policy can respond.
More Quotes from Michael Darda:
The bottom line is that it's best to look at what the companies are actually doing rather than pay too much attention to what they're saying.Michael Darda
Such action could create a sharp upward move in inflation expectations, additional upward pressure on precious metals prices and renewed downward pressure on the dollar, ... If that were to happen, the Fed likely would have to drive rates up much more in the future, which could be disruptive to financial markets.
Michael Darda
If we get anywhere close to the forecast, its going to be negative for bonds, cause that market has depended on a miss on payrolls in recent months.
Michael Darda
We didn't get much new information here.
Michael Darda
I thought the jobs report was more robust than the headline number would suggest, with the June and July upward revisions to payrolls countering the August miss.
Michael Darda
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