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Fed’s Jefferson: sustained higher energy prices could worsen inflation, spending outlook

Federal Reserve Vice Chair Philip Jefferson on Thursday said he is keeping a watchful eye on higher energy prices, which, if sustained, could worsen inflation but also slow ​consumer and business spending, creating a challenging situation for a central bank tasked ‌with price stability and full employment.

March 26 (Reuters) – Federal Reserve Vice Chair Philip Jefferson on Thursday said he is keeping a watchful eye on higher energy prices, which, if sustained, could worsen inflation but also slow ​consumer and business spending, creating a challenging … [2005 chars]

Source: Reuters | Published: 2026-03-26T23:02:49Z

Credit: Reuters

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