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Fed, Jefferson
Fed's Jefferson: In no rush to reduce level of policy restraint
U.S. Federal Reserve Vice Chair Philip Jefferson on Wednesday said he is content to keep the central bank's policy rate in its current position until policymakers get a better sense of the net effects of the Trump administration's policies on tariffs,
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 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.
9h
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 ...
5h
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 ...
8h
Jefferson calls for cautious rate moves
Federal Reserve vice-chairman Philip Jefferson says it’s appropriate for policymakers to be cautious in adjusting interest ...
21h
on MSN
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 ...
19h
Nasdaq futures stumble on bleak Alphabet, AMD forecasts
U.S. stock index futures declined on Wednesday, with the tech-heavy Nasdaq leading losses after disappointing forecasts from ...
1d
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 ...
4h
Asia shares track Wall Street higher, Treasury yields languish near lows
NEW YORK/SINGAPORE (Reuters) -Asia shares rose on Thursday, tracking gains on Wall Street following a see-saw session, while ...
Business Times
1d
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 ...
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