The report also listed a variety of monetary policy guidelines, such as one developed by Stanford University’s John Taylor, as showing that rate increases have lagged popular benchmarks for policy. Some Republicans in Congress have cited the rules in questioning the chair.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026