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Fed's Jefferson and Cook both say must remain focused on returning inflation to 2%

Fed's Jefferson and Cook both say must remain focused on returning inflation to 2%
Federal Reserve nominees comments. The statements come from prepared remarks for Senate confirmation hearing. Jefferson is facing confirmation as Fed Vice Chair: I remain focused on returning inflation to 2%Fed must remain attentive to inflation, banking-sector stress and geopolitical uncertaintyUS banking system is sound and resilient, I remain attuned to any threats to its stabilityCook weighing in also: Focused on inflation until the job is doneThe American economy is at a critical junctureH... Read More
Posted: Jun 20 2023, 20:37
Author Name: forexlive
Views: 092082

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