US Economy on Solid Ground, Says Fed's Kugler

In a recent address at the 2025 Miami Economic Forum, Federal Reserve Governor Adriana Kugler expressed confidence in the resilience of the United States economy. Highlighting the latest data and estimates, Kugler projected a "solid" growth in the country's gross domestic product (GDP) for the first quarter of the year.

Inflation and Policy Uncertainty Remain Key Concerns

Despite the positive outlook, Kugler pointed out the challenges ahead. "We have reduced our policy rate by 100 basis points through December, yet inflation progress has been slow and uneven, with inflation levels still high," she stated. The Fed official also mentioned the considerable uncertainty surrounding the economic impacts of new policy proposals. Moving forward, the central bank plans to closely monitor these developments before making any further decisions.