Fed's Kugler Reassures on Policy's Ability to Handle Uncertainties

Federal Reserve Governor Adriana D. Kugler has expressed confidence in the current monetary policy's ability to manage uncertainties while pursuing the dual mandate.

Speaking at the Detroit Economic Club, Kugler emphasized that decisions would be made on a meeting-by-meeting basis. She highlighted the effectiveness of the current policy path and its achievements.

"While I have gained more confidence that the two positive supply shocks I described have helped create the solid economic conditions that are currently in place, I will vigilantly monitor for incoming risks or negative supply shocks that may undo the progress that we have achieved in reducing inflation," Kugler stated.