Fed's Jefferson: Further Policy Adjustments Should Be Determined By Carefully Examining Trends in the Data

By Jessica Coacci

Federal Reserve Vice Chair Philip Jefferson said that further policy adjustments should be determined by carefully examining trends in the data, the evolving outlook, and the balance of risks.

"Data received so far for October remains consistent with well above-target inflation," according to the text of Jefferson's remarks, scheduled to be delivered in San Diego on Friday.

Jefferson said that data received since the Fed's October policy meeting have been consistent with economic activity and labor market conditions remaining broadly solid, while inflation readings show persistent price pressures.

Jefferson also said he remains concerned about the risk of higher energy prices leading to a persistent rise in inflation more broadly.

"Going forward, I believe that further policy adjustments should be determined by carefully examining trends in the data, the evolving outlook, and the balance of risks," Jefferson said.

Write to Jessica Coacci at jessica.coacci@wsj.com

(END) Dow Jones Newswires

November 13, 2026 19:15 ET (00:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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