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Fed's Jefferson says there is no need to hurry further rate cuts

by Investor News Today
February 5, 2025
in Investing
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Fed's Jefferson says there is no need to hurry further rate cuts
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Federal Reserve Vice Chair Philip Jefferson

  • No must hurry additional charge cuts, robust economic system makes warning acceptable
  • Rates of interest more likely to fall over medium time period
  • Anticipate disinflation to proceed, although progress could also be gradual
  • Fed faces uncertainty round authorities coverage
  • Anticipate progress and labor market situations to stay stable

Jefferson sticking to the present Fed line of being on maintain.

This text was written by Eamonn Sheridan at www.forexlive.com.



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