right now jeff rosenberg joins us, part polio manager at black rock think you for joining us this morningi want to ask you the question i was going to ask the professor but i will go to professor jeff rosenberg and that is can you substitute a duration or a stasis in that policy for going up to a higher rate? can you actually get away with that? >> it depends on what we are looking at today and what it implies about inflation. today is about wage inflation and can the fed get away with a pause is really about whether they are making good on the inflation trajectory as the market is expecting it to decline. they will pause if inflation is climbing but they aren't able to if they are achieving their objectives. just want you to comment on a second the report is mixed between the unemployment rate in the wages. as we have seen for a number of reports the payroll report has become kind of the stepchild of economic reports, relative to next week's cpi. what's important here is what can we look through into this report as to what it says about inflation? obviously, the headline on that is avera

following that, a former member of the federal reserve and jeff rosenberg. looks like the equity market will shape up on the s&p 500. that is actually nowhere, going into the job sprint and a couple of hours time. we are positive by a little more than 1/10 of 1%. yields are up a single basis point on a 10 year. zero dollars not doing much at 10506. what a choppy week as been. holding onto 74. $74 a barrel and positive one half of 1%. the estimate is 202. from new york, this is bloomberg. >> keeping up-to-date with news from around the world with the first word. today's u.s. jobs report will help determine what the federal reserve does next on interest rates. the estimates are that employers added fewer jobs last month read this indicates a cooling and labor market that would reduce the need or higher rate hikes. the data released thursday shows the job market is still resilient. inflation in the euro zone has returned to single digits for the first time since august. they are hoping that the worst ever spike in consumer prices has peaked. prices in december

and jeff rosenberg, former u.s. attorney and msnbc contributor. the new special counsel, robert hur issued a statement saying, quote, i will conduct the assigned investigation with fair, impartial and dispassionate judgment. i intend to follow the facts swiftly and thoroughly, without fear or favor, and will honor the trust placed in me to perform this service. there are still a lot of unanswered questions here. so what are the key ones that the investigators will be looking at, chuck? >> sure. by the way, i know rob, so that's what i would expect him to say, he's a good and decent and honorable man. you have to figure out, chris, who handled the stuff and whose direction it was moved. who packed it, moved it, stored it, who accessed it and what was their intent. these are all questions for fbi agents to sort through over the coming weeks and months, as you said. until we know that, at best, chris, at best, this was extraordinarily sloppy and careless and reckless. but that doesn't mean that anyone intentionally committed a crime. by the way, that