Fed Officials Split on Timing as Jefferson Urges Patience, Kashkari Keeps Hikes on the Table
Federal Reserve Vice Chair Philip Jefferson said there is no immediate need for another interest-rate move, stressing that policymakers should wait for clearer evidence from incoming data before acting. Minneapolis Fed President Neel Kashkari, by contrast, said the timing of the next hike remains uncertain but did not rule out further tightening as the U.S. economy continues to run strong and inflation stays above target.
