US Economy on a Firm Footing, Says Fed's Kugler

Adriana Kugler, a Federal Reserve Governor, expressed confidence in the stability and growth of the United States economy during her speech at the 2025 Miami Economic Forum. Highlighting the positive indicators from recent data and estimates, Kugler anticipates a solid GDP growth in the first quarter of the year.

Challenges Ahead: Inflation and Policy Uncertainties

Despite the optimistic outlook, Kugler acknowledged the challenges posed by slow and uneven progress on inflation, which remains elevated. She also pointed out the considerable uncertainty surrounding the economic impacts of new policy proposals. The Federal Reserve, according to Kugler, will closely monitor these developments before making any further decisions on policy rates.