Fed Vice Chair Jefferson says he does not want to see any more weakening in the labour market
Fed Vice Chair Jefferson's comments signal cautiousness about further weakening in the labor market, implying a potential reluctance to tighten policy aggressively.
Regional diplomat briefed by Iran says Tehran insists on its right to enrich uranium during talks with US; Tehran believes US negotiators seemed to understand Iran's stance on enrichment
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Fed Vice Chair Jefferson says he does not want to see any more weakening in the labour market
NVIDIA (NVDA) CEO says demand is sky high - CNBC interview
US President Trump's administration is reportedly exploring opening an antitrust probe into homebuilders, according to reports
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- Job creation is weaker than they would like.
- Anchored inflation expectations suggest Fed retains credibility on inflation target.
- Headline inflation should subside once the impact of tariffs on goods is absorbed.
- Current rate can support the labour market while inflation is set to decline.
His emphasis on anchored inflation expectations supports the view that the Fed remains credible in managing inflation, which could influence market sentiment around rates and risk assets. Overall, this reflects a delicate balance between supporting labor demand and maintaining inflation control as growth dynamics evolve.
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