FEDERAL RESERVE VICE CHAIRMAN JEFFERSON: I PREFER TO KEEP INTEREST RATES STEADY AT CURRENT RATE

No rush to cut rates – The Federal Reserve does not need to lower interest rates now.

Keep rates steady – Jefferson prefers to keep interest rates at the current level.

Wait and see – The Fed should first see how Trump’s tariffs affect the economy.

Impact of Trump’s policies – The Fed must consider how Trump’s policies influence the economy before changing rates.

Fed can be patient – The central bank is in a good position to wait and observe economic changes.

Rates are still tight – Even after a 100 basis point cut, interest rates are still high and restricting economic activity.