Fed's Jefferson Says Bond Yields Show Market Participants Rethinking Outlook; : Inflation Remains Above Target With Upside Risks; Says He Is Worried High Inflation Could Spill Into Expectations
https://www.federalreserve.gov/newsevents/speech/jefferson20261001a.htm
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Why It Matters
A Federal Reserve leader says bond market prices show people are changing their views about the economy. He worries that high inflation could stick around longer than expected.
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