Fed Vice Chair Jefferson (voter) says has not prejudged outcome of June FOMC meeting and monetary policy is well postioned to respond to the economy

Says: Is firmly committed to getting inflation back to 2%. Risks around inflation outlook are tilted to upside. Expects inflation to wane later this year on fading tariff, energy hits. Energy shock downside risk to growth, upside risk to inflation. Recent US economic activity has been solid. Labour market stable with risks tilted toward downside. US is not immune to oil-related energy shocks.