Fed’s Jefferson Says Weaker Labor Market Shifts Balance of Risks

Federal Reserve Vice Chair Philip Jefferson on Monday said he sees risks to the labor market as skewed to the downside, ...

Differing view from the Fed, Databricks valuation, Home Depot earnings

Fed governor Chris Waller called for a rate cut on Monday but Fed vice chair Philip Jefferson said the central bank should ...

Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly

Philip Jefferson offered a case study in the central bank’s predicament Monday, acknowledging the risk of stubborn inflation ...

Fed Vice Chair Jefferson: Slow approach to cuts makes sense as policy rate approaches neutral

The Federal Reserve should "proceed slowly" in approving further interest rate cuts as monetary policy moves closer to a ...
Central Banking

Fed vice-chair says progress on inflation has stalled

The vice-chair of the US Federal Reserve has said progress towards the central bank’s inflation target has stalled.

Why the Fed’s Next Interest Rate Move Is Becoming So Hard to Predict

What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll get 12 different answers.