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Federal Reserve Jefferson: Policy will remain restrictive for longer if necessary
On April 16, Federal Reserve Vice Chairperson Jefferson said on Tuesday that if inflation did not slow as expected, "it would be appropriate to maintain the current restrictive policy stance for a longer period of time." "My underlying expectations remain that inflation will fall further, policy rates will remain unchanged at current levels, the labor market will remain strong, and labor demand and supply will continue to rebalance." "If the data show that inflation is more persistent than I cur...
2024-04-16 21:13:33
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