[Federal Reserve Vice Chair Jefferson: Iran War Will Push Up Inflation, But Interest Rates Are 'Appropriately Positioned'] According to a report by Golden Finance, on April 8, Federal Reserve Vice Chair Philip Jefferson stated that the Iran war will create uncertainty and push up U.S. inflation in the short term. However, the central bank's current monetary policy stance remains appropriate. Jefferson described the current interest rate level as roughly within a range that neither stimulates nor restrains the economy. He noted that under the current stance, employment will be supported, and as the effects of tariffs fade, inflation is expected to gradually return to the 2% target level. In a speech delivered Tuesday at the University of Detroit Mercy, Jefferson said: "I remain cautious about the economic outlook. Economic uncertainty is already elevated, and rising energy prices along with escalating Middle East conflicts have further exacerbated this uncertainty. Nevertheless, I still believe that our current policy stance is appropriate and allows us to assess the evolution of the economy." Although Jefferson stated that he expects the broader disinflationary trend to continue, he expressed caution about how the Iran war might impact inflation and consumer demand, noting that the conflict complicates his own assessment of price trends. Jefferson said: "However, the recent rise in energy prices will exert upward pressure on overall inflation, at least in the short term. Persistent trade policy uncertainty and geopolitical tensions pose upside risks to my inflation forecast."