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MARKETS-ECONOMIC TIMES · INDIAN ·

US Stock Market: Fed Vice Chair Jefferson backs current rate stance ahead of June meeting

As reported by Markets-Economic Times
Federal Reserve Vice Chair Philip Jefferson said the current US monetary policy stance remains appropriate as policymakers assess persistent inflation risks and economic resilience. Jefferson reiterated that restoring inflation to the Fed’s 2% target remains the priority, while officials continue monitoring labour market conditions and geopolitical risks affecting the broader economy.x`
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