Federal Reserve Vice Chair Philip Jefferson signaled that the policy rate is approaching neutral and urged a cautious approach to rate cuts, citing rising downside risks to employment and easing inflation pressures.
#YonhapInfomax
#FederalReserve #PhilipJefferson #PolicyRate #NeutralRate #EmploymentRisks
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91217
#YonhapInfomax
#FederalReserve #PhilipJefferson #PolicyRate #NeutralRate #EmploymentRisks
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91217
Jefferson Says Fed Policy Rate Nearing Neutral—Urges Caution on Easing
Federal Reserve Vice Chair Philip Jefferson signaled that the policy rate is approaching neutral and urged a cautious approach to rate cuts, citing rising downside risks to employment and easing inflation pressures.