Feb 11th, 2026

Yared Praises 'Blowout' Jobs Report, Says Fed Has to Balance Mandate

Pierre Yared, acting chair of the White House Council of Economic Advisors, reacts to what he sees as a "blowout" employment report for January. Yared says job growth far exceeded expectations despite demographic shifts and reduced immigration and adds that the Federal Reserve should focus on productivity while balancing its dual mandate. He speaks on "Bloomberg Open Interest."