Inflation Progress Slows, Fed Governor Kugler Reports

Federal Reserve Governor Adriana Kugler addressed the 2025 US Hispanic Chamber of Commerce Legislative Summit in Washington, revealing a concerning trend in inflation. "Progress in bringing inflation to the 2% target has slowed since last summer," Kugler stated, noting a resurgence in price increases within certain subcategories.

Consumer Expectations and Trade Policy Uncertainties

Kugler highlighted recent surveys indicating that consumers anticipate further rises in prices, with much of the uncertainty linked to trade policy. This insight sheds light on the complex factors influencing inflation expectations among the public.

Fed's Monetary Policy Stance

Despite these challenges, Kugler reassured attendees that the Fed's monetary policy remains "well positioned." She emphasized the committee's readiness to respond to new developments by maintaining current rates, closely monitoring data and the effects of new policies.