Fed's Jefferson Says Inflation Has Resulted From A Cascade Of Shocks; Longer Term Inflation Expectations Show Fed Credible On Getting Inflation Down; Fed Has To Be Prepared To Do Needed Work To Validate Inflation Expectations; Fed Is Firmly Committed To Return Inflation To 2% In A Timely Manner
https://www.federalreserve.gov/newsevents/speech/jefferson20261001a.htm
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Why It Matters
A Fed leader said inflation came from many unexpected events happening at once. The Fed is working hard to bring prices back down to normal levels.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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