Economic output and the employment market are currently broadly solid, Jefferson noted. Following the comments on the Federal Reserve's patient approach, the Nasdaq 100 extended its gains to reach a session high of 0.6%.
Wednesday, October 21, 2026
Story
Fed Vice Chair Jefferson Says Central Bank May Wait on Rate Move
US Markets19 days ago
The US central bank is monitoring a solid job market and inflation that remains above its target to inform future policy, Vice Chair Jefferson stated. He indicated that the Fed "may take more time" before determining its next interest rate move, as future decisions will be driven by incoming data. Jefferson warned that persistent inflation carries upside risks and could spill into general inflation expectations.
Looking for more context or analysis?
Tilt chat provides reliable, tailored insights, alerts, and automations.