Speaking at UVA Darden, Federal Reserve Vice Chair Philip N. Jefferson said inflation is too high and policymakers must weigh a "cascade" of economic shocks. He also discussed Fed credibility, how AI adoption could reshape growth and what lies beneath a stable labor market.
Expert
Bo Sun
Associate Professor of Business Administration
Insights
When Federal Reserve officials speak, markets listen — and billions of dollars move. Two new cases from UVA Darden Professor Bo Sun help students decode the high-stakes language of central banking.
