Fed has a tough balance of risk here with inflation and employment, says Jefferies' Richard Fisher
Jeffrey, senior adviser and of course former Dallas Fed president. Great to see you. >> Thank you, Mike.>> Um, I guess in trying to assess the labor market in general, we've been able to first of all uh talk about reduced supply. It's pretty well known and and maybe that has made uh weaker job growth more palatable or more acceptable uh to the Fed and others. Um, now we have this issue with perhaps shedding of jobs, but we also had overhiring during the pandemic backdrop.We don't know what productivity is g ...