Fed's Kugler Advocates for Steady Interest Rates Amid Economic Uncertainty

Reported 2 days ago

Federal Reserve Governor Adriana Kugler supports maintaining interest rates at their current levels to closely analyze incoming economic data and the effects of recent policies. She highlighted the recent cooling in economic signals and inflation progress during her speech, stressing the importance of monitoring inflation expectations, especially in light of rising consumer concerns. The Fed's recent decision to keep rates steady follows a trend of economic softness, with potential indicators of inflation affecting economic outlooks.

Source: YAHOO

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