Fed's Jefferson: In no rush to reduce level of policy restraint
Even after 100 basis points of rate cuts in the latter part of 2024, Jefferson told students at Swarthmore College that Fed policy remains restrictive and is exerting downward pressure on inflation.
Bitcoin, Dogecoin Drop, Ethereum Rises After Fed Vice Chair Pours Cold Water On Rate Cut Expectations: Top Trader Sees BTC At $500,000 And ETH At $20,000
Broader cryptocurrency markets saw declines over the past 24 hours, with total market capitalization dropping 2.01% to $3.17 ...
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Jefferson echoed recent statements from other officials that it's in the Fed's best interest to move slowly as it evaluates ...
Fed officials say they won't be rushed amid the Trump tariff turmoil
Fed officials appear to have a unified message this week on the question of how they should react to President Donald Trump’s ...
Fed's Jefferson: Happy to keep Fed Funds on hold at current rate
Federal Reserve Vice Chair Philip Jefferson said on Thursday that he is happy to keep the Fed Funds on hold at the current ...
Jefferson calls for cautious rate moves
Federal Reserve vice-chairman Philip Jefferson says it’s appropriate for policymakers to be cautious in adjusting interest ...
Morning Bid: Focus swings back to rate moves, company earnings
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
10-year Treasury yield slips ahead of U.S. jobs report
The yield on the 10-year Treasury slid on Wednesday as traders await ADP payroll data that would shed more light on the state ...
Morning Bid: Alphabet flubs, Yen surges, China returns
Global stocks fell on Wednesday, after disappointing earnings from Alphabet knocked Wall Street futures, while the dollar ...
Fed’s Jefferson: No need to hurry further rate cuts; strong economy makes caution appropriate
No need to hurry further rate cuts; strong economy makes caution appropriate. Interest rates likely to fall over medium term. Expect disinflation to continue, though progress may be slow. Fed faces ...
Fed’s Jefferson Says Officials Should Move Cautiously With Rates
Federal Reserve Vice Chair Philip Jefferson said it’s appropriate for policymakers to be cautious in adjusting interest rates, as long as the economy and labor market remain strong.Most Read from Bloo ...