Fed’s Jefferson, Bullard defend current monetary policy, cite high inflation – by anilpanchal7 Fed RiskAversion EURUSD CentralBanks NewsTrading
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Biden nominates Jefferson as Fed vice chair, Kugler to Fed boardU.S. President Joe Biden on Friday nominated Federal Reserve Governor Philip Jefferson to be the central bank's vice chair, a key policy advisory role recently vacated when Lael Brainard took a top position in Biden's White House economics team.
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Fed's Jefferson, Biden's vice chair pick, says Fed 'on track'The Federal Reserve is 'on track' to doing what is necessary to meet the two mandates Congress has given it, Fed Governor Philip Jefferson said on Friday: bring inflation down and enable Americans who want jobs to get them.
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Fed's Bullard: disinflation prospects 'good' but not guaranteedSt. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the U.S. central bank of rapid interest-rate hikes to beat back soaring inflation, on Friday signaled guarded optimism that the effort is working.
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Many inflation measures are higher now than they were a year ago, Fed's Bullard saysMany inflation measures are now higher than they were a year ago, said St. Louis Fed President James Bullard on Friday.
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Fed's Jefferson: inflation 'insidious,' need to bring it downFederal Reserve Governor Philip Jefferson said on Friday he is just as serious about the central bank's goal of full employment as about its mandate for stable prices, but emphasized that bringing high inflation down is critical.
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Jefferson Dad Vail Regatta held in New Jersey as Schuylkill River is dredgedThe event has been in Philadelphia every year since 1953, however, the race needed a new home this year.
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