Deep Tide TechFlow message, July 17, according to Caixin, Federal Reserve Vice Chair Jefferson said that if inflation cannot cool down quickly, the Fed should consider raising interest rates, but he also said that the current monetary policy stance is good. In remarks on Thursday, in prepared remarks for an event at Stanford in California, Jefferson said that the Fed’s current rate setting may support the labor market while also bringing inflation down. But he then added a condition: “If actual inflation does not begin to ease in the near term, I think we may need to reconsider our current policy stance,” he said. “Fortunately, our current policy stance enables us to respond well to the state of the economy.”