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Fed's Jefferson Says Rates Well Positioned Amid Uncertainty
Federal Reserve Vice Chair Philip Jefferson said the Iran war will stoke uncertainty and push US inflation higher in the near term, though the central bank's policy setting remains appropriate.
Fed's Jefferson Sees Risks to Both Employment, Inflation
April 7 (Reuters) - Federal Reserve Vice Chair Philip Jefferson on Tuesday reiterated his view that short-term borrowing costs are set appropriately to allow the central bank to respond ...
Federal Reserve Vice Chair Holds Firm on Interest Rates Amid Energy Crisis
Key Points: Federal Reserve Vice Chair Philip Jefferson believes current short-term borrowing costs sit at the exact right level to manage economic uncertainty. The central bank recently left its main policy rate on hold in the 3.50% to 3.75% range to combat stubborn inflation.
Fed vice chair says rates well-positioned despite heightened Iran war ...
US Federal Reserve Vice Chair Philip Jefferson said Tuesday that the central bank's current interest rate stance remains appropriate despite elevated uncertainty stemming from the Iran war ...
