US Economy on Solid Ground, Says Fed Governor Kugler

At the 2025 Miami Economic Forum, Federal Reserve Governor Adriana Kugler expressed confidence in the resilience of the United States economy. She highlighted that, based on current data and estimates, the first quarter's GDP growth is expected to be robust.

Policy Adjustments and Inflation Concerns

Kugler acknowledged the Federal Reserve's decision to reduce the policy rate by 100 basis points through December. However, she pointed out that progress on inflation has been slower and more uneven than anticipated, with inflation rates still elevated. The Fed official also mentioned the uncertainty surrounding the economic impacts of proposed new policies, emphasizing the central bank's commitment to closely monitoring these developments before making further decisions.