Jonathan Ferro

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The Fed decision seconds away.

Unchanged is the expectation with the call is Mike McKee.

Mike McKee, we will stay tuned.

The news conference about 28 minutes away.

You run into that.

Mike McKee there, world-class as always.

A Fed decision, unchanged.

The vote, interesting, 10-2 to hold rates steady.

The two, Governor Myron and Governor Waller.

TK, is it unfair?

to describe the Governor Waller dissent as an audition to take the top job at the Federal Reserve.

This has been an individual, Torsten, who has provided thought leadership on this committee, effective thought leadership now for a number of years.

That dissent will be described by many in this market as an audition for the top job at the Federal Reserve.

Is that unfair?

Is that worry about the jobs market justified by the data you look at?

I don't want to overdo the data that comes from the conference board because consumers' confidence all over the place right now is skewed by a whole bunch of things, including politics.

But attitudes to the labor market, when people turn around to you, Torsten, they say right now it's getting harder to get a job.

Jobs are not plentiful.

You have to take notice, don't you?