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Fed's Jefferson: There is enough data for the Fed to continue making policy decisions

ReutersNov 7, 2025 1:38 PM

- There is enough data about the economy arriving at the Federal Reserve for policymakers to make interest rate decisions despite the federal government shutdown, Fed Vice-Chair Philip Jefferson said on Friday.

Jefferson, speaking on a day when a second monthly jobs report was unavailable because of the federal shutdown, cited the central bank's own surveys, information arriving from the states, and information compiled by private firms.

"We are not getting the flow of official data that we would normally have," he said at an event with Germany's Bundesbank.

Still "we have enough data ... that we can continue to do our jobs," he added.

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