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Fed's Jefferson: No urgency for next interest rate move

Federal Reserve Vice Chair Philip Jefferson stated that while he supported the recent interest rate increase, there is no urgency to make another move, emphasizing the need to carefully examine trends.

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Federal Reserve Vice Chair Philip Jefferson said on Thursday that while he supported the US central bank’s interest rate increase last month, he does not see any urgency to make another move. "Any future adjustments in policy should be determined by carefully examining trends in t…"