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Fed’s Daly, Kugler Stress Inflation Fight Has Not Yet Been Won
Two Federal Reserve officials on Saturday emphasized the US central bank must finish off its fight against the post-pandemic price surge and reach its 2% inflation target.
Fed’s Kugler cautious about recent inflation ‘bump’
While price pressures have eased substantially since 2022, progress toward the Fed’s 2 percent target has been choppy in recent months. The Fed’s preferred inflation gauge was up 2.4 percent in November from a year ago, in line with where the measure stood in June.
Inflation Fight Isn’t Over, Fed Officials Say. What They’re Watching Now.
Fed Governor Adriana Kugler and San Francisco Fed President Mary Daly cited anomalies that have complicated the central bank’s fight to cool price growth since the Covid pandemic.
Fed's Kugler, Daly say job not done on inflation
By Ann Saphir (Reuters) -Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank's job of taming inflation is not yet done, but also signaled they do not want to risk damaging the labor market as they try to finish that job.
Fed's Kugler: Job not done on inflation
Federal Reserve (Fed) Governor Adriana Kugler said on Saturday that inflation remains uncomfortably above the Fed’s target, but the central bank is working on that, per Reuters.
4h
Gold Extends Drop After Fed Officials Express Inflation Concern
Gold fell for a second day as comments from Federal Reserve officials over the weekend reinforced the view the US central ...
2d
Fed's Kugler says data will drive Fed policy choices amid uncertainty
Federal Reserve Governor Adriana Kugler said on Friday the U.S. central bank is uncertain about what the economy will deliver ...
The Taipei Times
20h
Inflation still too high: US officials
Officials have lowered interest rates by a full percentage point since September last year. However, in the wake of a stall ...
Investing
32m
Dollar rally may soften with FX market normalization: ING
Despite technical signs pointing towards a potential correction or slowdown in the dollar's rally, buying interest on dips is ...
2d
Business Lookahead: And we're off
From U.S. markets looking for proof of resilience in the U.S. economy to why China faces a precarious start to 2025, these are the stories to watch in business and finance in the coming week. Olivia ...
2d
on MSN
Stock market today: Indexes bounce back as investors aim to end 5-day losing streak
The Santa Claus trading window ends Friday, and a negative return during the seven-day trading window could be a bad sign for ...
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Fed
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inflation
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