[Fed's Jefferson Emphasizes Inflation Signals Will Determine Interest Rate Path] Golden Finance reports that on November 14th, Federal Reserve Vice Chairman Philip Jefferson stated that inflation has become the most important metric as policymakers consider whether to raise interest rates further. Jefferson pointed out that recent economic activity and labor market conditions have been robust, but price pressures persist. He stated that October's price data reflects that inflation levels remain well above the Fed's target. In prepared remarks for a speech in San Diego, Jefferson said, "Therefore, I believe that the trajectory of inflation will provide a more important signal for determining the appropriate stance of monetary policy." He added that policymakers should continue to monitor the economic data released to determine whether "further adjustments to monetary policy" are needed. Jefferson's speech concludes a series of public statements by Fed officials this week. This week, several Fed officials expressed strong concerns about price pressures, further solidifying market expectations that the Fed will raise interest rates in December. Some officials called for accelerating the pace of previous policy adjustments. Among them, Fed Governor Waller warned that a 50 basis point rate hike next month may be necessary. However, a few officials held different views. For example, Philadelphia Fed President Paulson still advocates for a gradual interest rate hike strategy. (Jinshi)