Fed’s Jefferson Sees Lower Growth, Says Inflation Could Rise
(Bloomberg) -- Federal Reserve Vice Chair Philip Jefferson said tariffs and related uncertainty could slow growth and boost inflation this year, but monetary policy is well positioned to respond as needed.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’A New Central Park Amenity, Tailored to Its East Harlem NeighborsPower-Hungry Data Centers Are Warming Homes in the NordicsHow a Highway Became San Francisco’s Newest ParkJefferson stressed heightened uncert