Fed's Warsh says jobs data moving in good direction

- Fed Chairman Kevin Warsh on Wednesday said that his fellow central bankers generally think the U.S. labor market is stable, and some see it trending better than that, adding that trends matter more than specific data points.

"What's happening over three or six months matters more than any one data point, any one data release, and I'd say the jobs data has been moving in a good direction," Warsh said.