Fed’s Jefferson: Moderately restrictive policy well positioned as growth and inflation risks rise

Fed Vice Chair Philip Jefferson said in a speech today he supported last week’s decision to keep the federal funds rate unchanged, which he views as “moderately restrictive.” He noted that the current policy setting is “well positioned” to respond to a range of evolving economic conditions. Jefferson pointed to a sharp decline in consumer […]

The post Fed’s Jefferson: Moderately restrictive policy well positioned as growth and inflation risks rise appeared first on Action Forex.