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Fed’s Jefferson: Labor market is softening, could face stress if not supported

FXStreetSep 30, 2025 10:02 AM

Federal Reserve (Fed) Vice Chairman Philip Jefferson said on Tuesday, “labor market is softening, could face stress if not supported.”

Additional quotes

Expect disinflation to resume after this year.

See growth remaining around 1.5% for the rest of 2025.

Impact of administration policy still evolving.

Consider uncertainty around baseline outlook as especially high.

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