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The Fed

Federal Reserve Vice Chair Philip Jefferson said inflation risks tilt upward

On Oct. 1, Federal Reserve Vice Chair Philip Jefferson said in Charlottesville that inflation risks were tilted upward and inflation would likely remain elevated in the short run.

Why it mattersHigher inflation can raise everyday living costs and shape central bank decisions on interest rates.

How we got here

  1. Federal Reserve Vice Chair Philip Jefferson stated at the University of Virginia that inflation risks were tilted to the upside. Gov
  2. BLS scheduled the release of the September 2026 CPI report for 8:30 a.m. ET. Gov
  3. The FOMC commenced its scheduled two-day meeting. Gov
  4. BEA scheduled September Personal Income and Outlays, including PCE data, for 8:30 a.m. ET. Gov
  5. BLS scheduled the October 2026 CPI report for 8:30 a.m. ET. Gov

What's likely next

  1. Schedule of Selected Releases for October 2026 Consumer Price Index for September 2026. Wednesday, October 14, 2026. 08:30 AM ... The BLS calendar contains publication dates for most news releases
  2. BEA scheduled September Personal Income and Outlays, including PCE data.

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