Fed Kugler: Economy ended 2024 in a good place. The economy is resilient

Fed’s Kugler is on CNBC and says:

• US economy ended 2024 in a good place
• The economy is resilient
• Process of disinflation has kept going.
• Labor market remains resilient
• The labor market has been cooling gradually.
• Real wages are still up even with labor market cooling.
• The key is that job market has cooled gradually.
• Current unemployment rate remains historically low.
• The job market appears in a stable situation
• The unemployment rate is not increasing rapidly.
• Productivity is one of the supply shocks that helps having a healthy economy with disinflation.
• Is optimistic about productivity.

This article was written by Greg Michalowski at www.forexlive.com.