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Fed's Jefferson Sees Progress on Inflation, Says Rate Cuts Tied to Broad Set of Data

Federal Reserve Vice Chair Philip Jefferson said on Thursday he will be looking across a broad set of economic indicators to convince him it is time to cut interest rates, rather than focusing on a single metric.


 

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Fed Minutes Show Officials Agreed on Restrictive Stance
Federal Reserve participants "viewed the policy rate as likely at or near its peak for this tightening cycle,” according to the minutes of the Dec. 12-13 Federal Open Market Committee meeting. Kailey Leinz reports.
Jan 03, 2024

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