More from the SF Fed leader:

  • If a rate cut is necessary it could help bring the economy back to potential growth and support the return of inflation to target
  • Headwinds and slowing growth could strengthen the argument for a rate cut
  • She wants to see another US jobs report to see if the last one was noise or a more meaningful sign
  • Completely supports Fed decision at the previous meeting

Anyone else hoping for a +300K jobs report?