Federal Reserve nominees comments. The statements come from prepared remarks for Senate confirmation hearing.
Jefferson is facing confirmation as Fed Vice Chair:
- I remain focused on returning inflation to 2%
- Fed must remain
attentive to inflation, banking-sector stress and geopolitical
uncertainty - US banking system is
sound and resilient, I remain attuned to any threats to its stability
Cook weighing in also:
- Focused on inflation until the job is done
- The American economy is at a critical juncture
- Has consistently
supported fed work to lower inflation
This article was written by Eamonn Sheridan at www.forexlive.com. Source