Fed, Jefferson

Fed’s Jefferson signals patience on rates due to Trump’s policy uncertainty
Vice Chair of the U.S. Federal Reserve, Philip Jefferson, said on Wednesday that he’s in no rush to change the central bank’s policy rate. According to a Reuters report, the VC mentioned that the current policy is restrictive despite cutting rates by 100 basis points in late 2024.
Fed's Jefferson: In no rush to reduce level of policy restraint
Even after 100 basis points of rate cuts in the latter part of 2024, Jefferson told students at Swarthmore College that Fed policy remains restrictive and is exerting downward pressure on inflation. "We can be patient and wait to see the net effect of any policy changes by the current administration,
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Jefferson echoed recent statements from other officials that it's in the Fed's best interest to move slowly as it evaluates evolving conditions.
Fed's Jefferson: Happy to keep Fed Funds on hold at current rate
Federal Reserve Vice Chair Philip Jefferson said on Thursday that he is happy to keep the Fed Funds on hold at the current level, adding that he will wait to see the net effect of Trump policies.
Fed's Jefferson: Rates likely to fall over medium term
The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central bank's message that policymakers needn't rush their next rate cut.
Fed officials say they won't be rushed amid the Trump tariff turmoil
Fed officials appear to have a unified message this week on the question of how they should react to President Donald Trump’s ...
Jefferson calls for cautious rate moves
Federal Reserve vice-chairman Philip Jefferson says it’s appropriate for policymakers to be cautious in adjusting interest ...
10-year Treasury yield slips ahead of U.S. jobs report
The yield on the 10-year Treasury slid on Wednesday as traders await ADP payroll data that would shed more light on the state ...
Morning Bid: Alphabet flubs, Yen surges, China returns
Global stocks fell on Wednesday, after disappointing earnings from Alphabet knocked Wall Street futures, while the dollar ...
Fed’s Jefferson: No need to hurry further rate cuts; strong economy makes caution appropriate
No need to hurry further rate cuts; strong economy makes caution appropriate. Interest rates likely to fall over medium term. Expect disinflation to continue, though progress may be slow. Fed faces ...
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Rates likely to fall over medium term, says senior Fed official
THE US Federal Reserve can continue cutting interest rates at least “over the medium term,” Fed Vice-Chair Philip Jefferson ...