Forex
globalreutersFebruary 20, 20251 Mins read
Fed’s Kugler says Fed Funds rate is moderately restrictive
globalreutersFebruary 20, 20251 Mins read Federal Reserve Board Governor Adriana Kugler speaks on “Navigating Inflation Waves While Riding on the Phillips Curve” before the 2025 Whittington Lecture event hosted by Georgetown University.
- Downward risks to employment have diminished, upside risks to inflation remain, path to 2% inflation ‘bumpy’.
- Potential net effect of new economic policies highly uncertain, will depend on specifics.
- US economy remains on a firm footing.
- January 12-month PCE inflation estimated at 2.4%, core PCE at 2.6%; ‘still some way to go’ to reach 2% target.
- Fed’s policy rate is moderately restrictive.
- Labor market is healthy and stable.
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
AUDUSD falls as risk-off sentiment and technical sellers push the pair lower
The AUDUSD moved higher yesterday as the USD weakened, bringing the pair...
Pain in the stock market: 8 things are adding up to an ugly selloff
US stock markets are under some heavy pressure today with the S&P...
Fed’s Goolsbee: Steel tariffs will raise production costs in region
Fed's Goolsbee is lurking around saying that:Steel tariffs will raise production costs...
USDJPY falls below the 50% midpoint
The USDJPY has moved below the 50% midpoint of the move up...
Leave a comment