Fed’s Kugler: We have two-sided risks, we continue to pay attention to data

• How much we cut will be a question we continue to assess as more data comes in
• It’s not an answer we can give today
• It depends on whether it is from disinflation or rapid deterioration of the labor market
• Remains concerned about housing. Import and wages are still higher than productivity
• Have to see that continued progress on wage moderation
• We certainly need to be convinced that we are not going to put in danger all the great progress made on inflation

This article was written by Adam Button at www.forexlive.com.