Fed Alert: Vice Chair Jefferson Weighs In on Rates & Inflation
Federal Reserve Vice Chair Philip Jefferson has spoken — and markets are listening!
He said the current moderately restrictive interest rates are well-positioned to respond to shifts in the economy.
But here’s the twist:
New tariffs might spark higher inflation, though it’s still unclear if that pressure will be temporary or long-term.
Key points from Jefferson's remarks:
Policy rate stays at 4.25%–4.5% — for now
Recent inflation data shows progress, but caution remains
Tariffs could shake up price stability
U.S. economy slowed slightly last quarter, but labor market is still strong
The Fed's next moves could be crucial for crypto, stocks, and global markets. Stay tuned!