Federal Reserve vice chair says it ‘may take more time’ before hiking rates again
Federal Reserve Vice Chair Philip Jefferson stated that the central bank will wait for more economic data before deciding on future interest rate hikes.
Federal Reserve Vice Chair Philip Jefferson said Thursday the central bank will wait to evaluate incoming economic data before deciding whether to hike interest rates again. “As we look ahead, my view is that any future adjustments in policy should be determined by carefully examining trends in the data, the evolving outlook, and the balance...
READ NEXT
More on the wire
AI TLDR
Browns defensive tackle Mason Graham is questionable to return to the game against the Steelers after suffering a knee injury.
AI TLDR
The mayor of Anaheim is facing a workplace complaint from her chief of staff, who alleges she was frequently intoxicated, harassed staff, and used slurs.
AI TLDR
The Baltimore Rock Opera Society removed its white director from her position following controversy over her wearing cornrows at Burning Man.