GOOLSBEE warned that Asia is facing a conventional stagflation shock.

美聯儲古爾斯比：供應衝擊，包括石油衝擊，使得預期未來生產力增長帶來的通脹問題更加嚴重。

Federal Reserve Vice Chair JEFFERSON said he expects inf to cool later this year as the effects of tariffs and higher energy costs fade, but warned that inf risks remain tilted to the upside. In the text of a speech planned for Thursday morning in Tokyo at a conference hosted by the BANK OF JAPAN, JEFFERSON said he is watching for signs that energy-cost increases caused by the Iran war are weighing on consumer spending. He also warned he continues to see signs of labor-market softness. JEFFERSON reiterated his view that the central bank’s current policy stance is well positioned to respond to any developments. "I am not making a prediction about the next meeting, and I look forward to discussing with my colleagues the best policy needed to achieve our dual-mandate goals," he said.