News
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Fed's Jefferson will watch incoming data, making decision meeting by meeting
Federal Reserve Vice Chair Philip Jefferson said on Tuesday the US central bank's 50 basis points (bps) interest-rate cut in September was aimed at keeping the labor market strong even as inflation continues to ease, per Reuters.Fxstreet
Tue, Oct 8
Fed's Collins: US economy, labor market remain strong
Federal Reserve (Fed) Bank of Boston President Susan Collins noted late on Tuesday that current Fed policy is helping to cool inflation, but the US economy and labor markets still appear strong, and core inflation still remains elevated.Fxstreet
Tue, Oct 8
Fed's Bostic: Jobs market is not weak, economy might be too strong for policy recalibration
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Tuesday that despite a recent slowdown in the US labor market, the jobs market itself is not showing signs of weakness, further highlighting that despite significant progress on inflation, overall price figures have not yet hit target levels.Fxstreet
Tue, Oct 8
