Fed's Jefferson doesn't comment on monetary policy or his economic outlook

Philip Jefferson is Vice Chair of the Board of Governors of the Federal Reserve System.

He is giving closing remarks at the Federal Reserve Division of Research and Statistics Centennial Conference.

Jefferson did say that

• High uncertainty could justify an aggressive policy response if inflation expectations threatened to become unanchored

more to come

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Earlier Powell gave the opening remarks:

• Powell doesn't comment on monetary policy or the economic outlook