US Economy on Solid Ground, Says Fed Governor Kugler

At the 2025 Miami Economic Forum, Federal Reserve Governor Adriana Kugler expressed confidence in the United States economy, stating it remains on a firm footing. With a positive outlook, Kugler anticipates solid GDP growth for the first quarter of the year, based on current data and estimates.

Policy Adjustments and Inflation Challenges

Despite a 100 basis point reduction in the policy rate through December, Kugler highlighted the slow and uneven progress on inflation, which remains elevated. The Federal Reserve is closely monitoring these developments, alongside the potential economic impacts of new policy proposals, before making further decisions.