Fed's Jefferson says no hurry to adjust rates, need time to assess impact of tariffs
"In my view, there is no need to be in a hurry to make further policy rate adjustments," Jefferson told an Atlanta Fed conference, repeating what has become a well-worn phrase from U.S. central bankers amid a rapid onslaught of trade and other policy changes under the Trump administration. Asked about the sweeping new import levies announced by U.S. President Donald Trump announced on Wednesday, Jefferson gave little sense of how much they might in his view add to inflationary pressures or slow the economy.