Fed's Jefferson says Fed can take time on next interest rate decision
- Posted on February 20, 2025
- By Business News Today
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Fed's Jefferson says Fed can take time on next interest rate decision
Federal Reserve Vice Chairman Philip Jefferson indicates that the strong U.S. economy and solid job market allow for a measured approach to monetary policy adjustments. He acknowledges that while inflation has decreased, it remains above the Feds 2% target, requiring careful monitoring of economic data.
