Fed speaker today.
Philip Jefferson is Fed Vice Chair, a centrist policymaker now navigating the Fed under new Chair Kevin Warsh. His most recent commentary emphasizes cautious optimism, expecting slightly above-trend growth, a stabilizing labor market, and inflation eventually resuming its decline toward 2%, while favoring a data-dependent pause on rate decisions.
This article was written by Eamonn Sheridan at investinglive.com.