The Treasury secretary said the current strategy is using the levers of fiscal policy to keep rates low.
U.S. Federal Reserve officials have been unusually open in discussing their concerns over fiscal policy. Investors might want to pay attention.
The Treasury secretary said the current strategy is using the levers of fiscal policy to keep rates low.
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand.
U.S. Federal Reserve officials have been unusually open in discussing their concerns over fiscal policy. Investors might want to pay attention.
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand.
Jefferson echoed recent statements from other officials that it's in the Fed's best interest to move slowly as it evaluates evolving conditions.
Jefferson echoed recent statements from other officials that it's in the Fed's best interest to move slowly as it evaluates evolving conditions.
Jefferson echoed recent statements from other officials that it's in the Fed's best interest to move slowly as it evaluates evolving conditions.
Many economists expect the tariffs both to raise prices and shave the pace of gross domestic product.