Mike McKee

That's up a little bit.

And rent itself up four-tenths on the month.

Bloomberg's Mike McKee reports investors are still pricing in almost no chance of a rate cut this month.

Most measures beat estimates that included trading revenue because there's been so much volume in the markets.

The company also topped estimates for managed net interest income, which is one of those key measures that Wall Street looks at.

Powell has been...

very circumspect about what his plans are for the future he has refused to say whether he would resign as a governor in part i think to keep his leverage over the administration as it tries to push him to cut interest rates more bloomberg's mike mckee the ranking democrat on the senate banking committee senator elizabeth warren says every president would like low interest rates in election years but donald trump's war on the federal reserve is doing worldwide damage the

We're feeling better about things, and it's probably a combination of the fact that gasoline prices have gone down a lot, the stock market continues to rise, and people are less afraid, perhaps, of losing their jobs, since we're not seeing a lot of job losses.

Although,

We're not seeing job gains as the numbers this morning showed.

ADP is out with its monthly estimate of jobs created in the month of December.

41,000, they say.

Annual pay up 4.4%.

The change in private employment, of course, is 41,000.

They don't measure what's happening with government.

Well, good morning, Steve.

Thank you for joining us on this non-Jobs Day, Jobs Day.

We get no government primary economic data because of the shutdown right now.

So let me start by asking, if that continues, as a member of the Open Market Committee, would you feel comfortable voting for a significant cut in interest rates if you don't have data on employment and on inflation?

Well, despite what the president says, as you well know, inflation is rising.