Fed's Jefferson rejects arguments for raising the 2% inflation goal

  • Comments from Fed Governor Phillip Jefferson
economist Philip Jefferson
Philip Jefferson

I don't know why this debate is a thing, it's not going to happen.

These comments crossed earlier than the 10:30 am ET scheduled time but were similar to what he said last week.

  • Recent data suggests wage inflation pressure easing
  • Outlook for core services inflation is uncertain

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