Fed Vice Chair Jefferson: rate cut aimed at keeping US job market ...
Oct 8, 2024 · Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut last month was aimed at keeping the labor market strong even...
Fed’s Jefferson says he expects rate cuts ‘later this year’
Feb 22, 2024 · Fed Vice Chair Philip Jefferson has been on the central bank’s board since 2022. (Photo by Drew Angerer/Getty Images) The No. 2 official at the Federal Reserve said Thursday that he thinks the...
Fed could keep monetary policy tight for longer if needed, Jefferson ...
Apr 16, 2024 · Federal Reserve Vice Chair Philip Jefferson, in remarks devoid of any mention of interest rate cuts, said on Tuesday "it will be appropriate to hold in place the current restrictive stance...
Harker said Fed rate cuts are 'near' while Jefferson predicts 'later ...
Feb 23, 2024 · Philadelphia Fed President Patrick Harker said Thursday that the Fed may be "near" a time where it can begin lowering rates, while Fed vice chair Philip Jefferson predicted that wouldn't happen...
Fed Vice Chair Jefferson: Sept rate cut was 'timely' | Reuters
Oct 9, 2024 · The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday.
Federal Reserve officials caution against cutting US interest rates …
Feb 23, 2024 · And Fed Vice Chair Philip Jefferson warned against cutting rates too deeply in response to the positive economic news. As vice chair, Jefferson works closely with Chair Jerome Powell in guiding the Fed’s policy.
Speech by Vice Chair Jefferson on U.S. economic outlook and …
Oct 9, 2023 · U.S. Economic Outlook and Monetary Policy Transmission. Vice Chair Philip N. Jefferson. At "Beyond the Business Cycle: Adapting to a New Global Paradigm" 65th Annual Meeting of the National Association for Business Economics, Dallas, Texas. Watch Live.
Fed’s Jefferson calls for holding rates steady until inflation cools ...
May 13, 2024 · Federal Reserve vice chair Philip Jefferson on Monday became the latest central bank official to call for holding interest rates at current levels until inflation shows more signs of cooling.
Fed's Jefferson sees progress on inflation, says rate cuts linked to ...
Feb 22, 2024 · Federal Reserve Vice Chair Philip Jefferson said on Thursday he will be looking across a broad set of economic indicators to convince him it is time to cut interest rates, but gave no...
Speech by Vice Chair Jefferson on the U.S. economic outlook and ...
Feb 22, 2024 · In the easing cycle that began in September 2007, the macroeconomic data were not showing much weakening at the time of the cycle's first couple of rate cuts, although financial markets were exhibiting heightened and broad-based volatility and short-term funding markets were significantly impaired.