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, stating it remains "on a firm footing." Kugler highlighted that early estimates suggest a "solid" gross domestic product (GDP) growth for the first quarter of the year.

Inflation and Policy Uncertainty Loom

Despite the positive outlook, Kugler pointed out challenges, including slow and uneven progress on inflation, which remains elevated. She also mentioned the uncertainty surrounding the economic impacts of new policy proposals. The Federal Reserve, she assured, will closely monitor these developments before making any future decisions.