
Federal Reserve Vice Chair Philip Jefferson expressed confidence in the economy's growth at a solid rate and stated that monetary policy is in a good place. Jefferson emphasized the need to address inflation, with a focus on maintaining interest rates at their current level to combat persistent inflation.

Federal Reserve Vice Chair Philip Jefferson said he expects inflation will continue to moderate with interest rates at their current level but persistent price pressures would warrant holding borrowing costs high for longer https://t.co/95j1DZh7WS https://t.co/0Y3oEFReXG
Fed Vice Chair Jefferson says interest rates could stay higher for longer if inflation persists https://t.co/ZfnMCgux8q
Federal Reserve Vice Chair Philip Jefferson said he expects inflation will continue to moderate with interest rates at their current level https://t.co/3DaB6HxzyT