Jefferson Says Fed Can Be Patient, Policy in 'Good Place'
Federal Reserve Vice Chair Philip Jefferson described the central bank's policy stance as in a "very good place" and having a "moderately restrictive" effect on the economy. Jefferson said the Fed must ensure any price increases resulting from policy changes in Washington don't lead to a persistent rise in inflation. He spoke Monday during a question-and-answer session at the Atlanta Fed's 2025 Financial Markets Conference in Fernandina Beach, Florida.
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