Fed's Jefferson Suggests Rate Hikes Can Wait
Federal Reserve Vice Chair Philip Jefferson indicated Thursday that policymakers might need additional time before deciding on further interest rate increases, aligning with other recent signals that question the likelihood of a hike at the upcoming meeting.
By Nick TimiraosFederal Reserve Vice Chair Philip Jefferson said Thursday that officials may need more time before deciding whether to raise interest rates again, echoing signals from another Fed leader this week that cast doubt on bets the central bank would lift rates at its meeting later this mo…