Fed Vice Chair Jefferson: open to a hike if inflation does not cool soon; July hold still expected (Economy)

Generaldesk view

Fed Vice Chair Jefferson: open to a hike if inflation does not cool soon; July hold still expected (Economy)

Reuters-sourced reports on July 16–17 said Fed Vice Chair Philip Jefferson told the Stanford Institute for Economic Policy Research that current policy is “well…

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Financedesk view

Fed’s Jefferson leaves door open to hikes; 10-year yield eases to 4.53%

Fed Vice Chair Philip Jefferson said the current policy stance remains appropriate for now but policymakers may need to reassess—and could consider rate hikes—i…

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