BIS SPEECHEScentral bank
The US economy and monetary policy
Hawkish Score+50Hawkish
Trailing 5 speeches
Speaker DriftPhilip N Jefferson · 5 speeches in 12motrend: shifting hawkish
−100neutral band ±25+100
What changed vs prior statement
- 01Policy stance remains unchanged; no new rate guidance provided compared to prior statement.
- 02Language around economic outlook maintained, emphasizing "data-dependent" approach.
- 03No vote-record change; consensus remains intact.
From the original
Speech by Mr Philip N Jefferson, Vice Chair of the Board of Governors of the Federal Reserve System, at the Darden School of Business, University of Virginia, Charlottesville, Virginia, 1 October 2026.
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