Federal Reserve Governor Adriana Kugler supports further interest rate cuts if inflation continues to decline.
Federal Reserve Governor Adriana Kugler supports additional interest rate cuts if inflation continues to decline. She endorsed the recent half-point cut and emphasized a balanced approach to address both inflation and employment growth. Kugler noted that future cuts will depend on economic data, including the effects of Hurricane Helene and geopolitical events. She highlighted the need to achieve a neutral policy stance while monitoring core inflation trends.
October 08, 2024
17 Articles