Federal Reserve (Fed) Vice Chair of Supervision Philip Jefferson said Thursday evening that the current policy stance should continue to support the labor market and allow inflation to resume its decline.
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Market Reaction:
The US Dollar (USD) sticks to modest gains following the comments and remains well supported by geopolitical uncertainties stemming from the Iran war.
Source: https://www.fxstreet.com/news/feds-jefferson-geopolitical-tensions-pose-upside-risks-to-inflation-forecast-202603270033



