Reported 2 days ago
U.S. Federal Reserve Governor Adriana Kugler indicated that the central bank's interest rate policy may remain unchanged for an extended period due to rising inflation risks. During a speech prepared for a monetary policy conference, she emphasized the importance of monitoring inflation expectations and labor market conditions while maintaining a steady rate amidst economic uncertainties. Kugler's remarks coincide with the impending Federal Open Market Committee meeting, where rates are expected to remain between 4.25% and 4.5%.
Source: YAHOO