philip

Inflation Alert! Fed Governor Philip N. Jefferson: “if you are willing to widen your lens to include a more commonplace definition, then it is possible to conclude that current monetary policy is, in fact, “on track.”” “The bad news is that there has been little progress on core inflation.”

by Dismal-Jellyfish https://www.federalreserve.gov/newsevents/speech/jefferson20230512a.htm On the Assessment of Current Monetary Policy Governor Philip N. Jefferson At the “How to Get Back on Track: A Policy Conference,” Hoover Institution, Stanford, California Highlights: “Current inflation is still high.” “Personal consumption expenditures (PCE) inflation, …

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Federal Reserve Alert! Governor Philip N. Jefferson gives speech ‘Recent Inflation and the Dual Mandate’ where he explains the differences between CPI and PCE Price Index.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/speech/jefferson20230227a.htm Governor Philip N. Jefferson Thank you, Jason, for inviting me to join your economics class and for your kind introduction. It is a pleasure to be here. I miss teaching economics classes. Before I continue, I would …

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Federal Reserve Alert! Governor Philip N. Jefferson: ‘Restoring price stability may take some time and will likely entail a period of below-trend growth. However, I want to assure you that my colleagues and I are resolute that we will bring inflation back down to 2 percent.’

October 04, 2022 Technology’s Impact on the Post-Pandemic Economy Governor Philip N. Jefferson At “Technology-Enabled Disruption: Lessons from the Pandemic and the Path Ahead,” a conference organized by the Federal Reserve Banks of Atlanta, Dallas, and Richmond Good morning, and …

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