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globalreutersFebruary 5, 20251 Mins read
Fed’s Jefferson says there is no need to hurry further rate cuts
globalreutersFebruary 5, 20251 Mins read Federal Reserve Vice Chair Philip Jefferson
- 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 uncertainty around government policy
- Expect growth and labor market conditions to remain solid
Jefferson sticking to the current Fed line of being on hold.
This article was written by Eamonn Sheridan at www.forexlive.com.
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