Newsquawk Logo

Fed Vice Chair Jefferson (voter) says sees downside risks to employment and upside risks to inflation, while he is cautious on the economic outlook and notes uncertainty is elevated

Fed Vice Chair Jefferson's comments signal a cautious stance on the economic outlook, highlighting both downside risks to employment and persistent inflationary pressures.

Newsquawk StaffPublished On the live feed at — 2 more headlines followed before this page went public
Newsquawk headlinesUTC

Russian Ambassador Zinoviev says US-South Korea drills are not positive for the Korean Peninsula

[MARKET UPDATE] US equity futures gain at the reopening and WTI crude futures are pressured amid some hopes for an extension after the proposal by Pakistan for a two-week extension, while Trump was said to consider the request

Fed Vice Chair Jefferson (voter) says sees downside risks to employment and upside risks to inflation, while he is cautious on the economic outlook and notes uncertainty is elevated

US President Trump's team is pushing to relocate Afghans trapped in limbo on US and Middle East base, with the State Department negotiating with countries in Africa and Asia to take the Afghans so they can close the base in Qatar

Pakistan's PM is negotiating a ceasefire with Iran, according to Pakistani government sources cited by CBS News

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free
Free. No signup, no card.

Says:

  • Current policy rate is well-positioned to respond and rate is broadly in range of neutral.
  • US labour market is roughly in balance and susceptible to adverse shocks.
  • US inflation remains above the central bank's targets and warns that persistent elevated energy prices can weigh in consumer and business spending.
Context
His acknowledgment of elevated uncertainty suggests that while current policies may be neutral, there are significant risks that could lead to adjustments in future rate decisions, particularly if inflation remains stubbornly high. This dual concern could weigh on market sentiment, influencing both risk assets and the dollar as traders navigate the implications on monetary policy.

Related headlines

The whole workspace, free to try.

Try it free
Newsquawk Logo

© 2026 Newsquawk. All rights reserved.