Fed's Jefferson: Officials May Need More Time for Next Move

Inflation Risks Are Tilted To The Upside US Economy Buffeted By 'Cascade' Of Shocks Expect Elevated Inflation In Short Run, Then Decline Fed Can't Consider Each Supply Shock In Isolation Not Seeing Inflation Spillovers From Tariffs, Energy Expect Near-term Growth To Remain At First-half Pace Continued High Inflation Could Raise Expectations Risks To Employment And Growth Balanced