Fed's Jefferson says he has not prejudged June FOMC outcome, policy 'well positioned' to respond to changing conditions, reiterates commitment to 2% inflation target.
Federal ReserveChristopher Jefferson stated that he has not prejudged the outcome of the June Federal Open Market Committee (FOMC) meeting, emphasizing that monetary policy is well positioned to respond to changing economic conditions. He reiterated the Fed's firm commitment to returning inflation to its 2% target.
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