Fed Vice Chair Philip Jefferson acknowledged the risk of both stubborn inflation and weaker employment conditions—dueling threats that call for opposing Fed prescriptions

Philip Jefferson offered a case study in the central bank’s predicament Monday, acknowledging the risk of stubborn inflation and weaker employment conditions—dueling threats that call for opposing prescriptions. 2025-11-17 16:57:00…

Continue ReadingFed Vice Chair Philip Jefferson acknowledged the risk of both stubborn inflation and weaker employment conditions—dueling threats that call for opposing Fed prescriptions