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Federal Reserve Vice Chair Philip Jefferson said Treasury yields have risen further since the central bank’s September meeting, signalling that investors are reassessing the economic outlook as policymakers consider their next move.Future policy adjustments should depend on incoming data, the evolv…
Investing.com -- Federal Reserve Vice Chair Philip Jefferson said Thursday that he does not see any urgency to raise interest rates again, despite supporting last month’s increase.
Fed’s Jefferson urges patience as October rate hike odds fall to 23%, while Goldman Sachs moves its forecast for the next increase to December.