Jefferson Says Fed Policy in a ‘Very Good Place,’ Can Be Patient

Jefferson Says Fed Policy in a ‘Very Good Place,’ Can Be Patient

Federal Reserve Vice Chair Philip Jefferson said the central bank must ensure any price increases resulting from policy changes in Washington don’t lead to a persistent rise in inflation.

Fed's Jefferson: Will keep policy in a place to be sure inflation expectations remain anchored

Federal Reserve (Fed) Vice Chairman Philip Jefferson said on Monday that there are risks to both jobs and inflation and added that it is appropriate to wait and see on rate decisions, given the the uncertainty, per Reuters.