WASHINGTON, March 7 (Reuters) - The White House will not
interfere with the Federal Reserve's management of U.S.
inflation, a White House official said when asked about Federal
Reserve Chair Jerome Powell's comments that the Fed will likely
need to raise interest rates more than expected due to recent
strong data.
However, the official said that it was important to remember
that January's strong jobs data represented only one month of
information, and to pay attention to further data coming out
later this month.
"The White House isn't going to interfere with the Fed's
management," the official said. "But we're dealing with one
month of data and people need to sit back and take a breath."
(Reporting by Andrea Shalal; Editing by Heather Timmons and
Chizu Nomiyama)
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