Institution: Non-farm data may keep the Federal Reserve's existing policy unchanged

Eric Winograd, head of developed market economics at Alliance Bernstein, said that for the Federal Reserve, the labor market is much more important than tariff situations. Employment data is unstable and anything can happen in any month. But there's nothing special to make us think that January's non-farm data will be significantly different from the past few months, enough to keep the Federal Reserve on hold.