Tag: Jefferson

  • Little progress has been made in curbing too high inflation, Fed’s Jefferson says

    Little progress has been made in curbing too high inflation, Fed’s Jefferson says

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    WASHINGTON — Federal Reserve governor Philip Jefferson said Friday that inflation remains too high and there has been “little progress” made toward bringing it down to the central bank’s 2% target, a pessimistic assessment given signs in a report earlier this week that price increases might be slowing. Jefferson, who was nominated by President Joe…

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