Fed's Daly, Kugler Stress Inflation Fight Has Not Yet Been Won

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Fed's Daly, Kugler Stress Inflation Fight Has Not Yet Been Won

^{Published on 2025-01-05 11:00:52 - MSN}

Two Federal Reserve officials on Saturday emphasized the US central bank must finish off its fight against the post-pandemic price surge and reach its 2% inflation target.

The article from MSN discusses comments made by Federal Reserve Bank of San Francisco President Mary Daly and Fed Governor Adriana Kugler regarding the ongoing battle against inflation. Both officials emphasized that despite some progress, the fight against inflation is far from over. Daly highlighted the need for continued vigilance and possibly more rate hikes to ensure inflation sustainably returns to the Fed's 2% target. Kugler echoed this sentiment, noting that while inflation has shown signs of cooling, the economic environment remains uncertain, and the Fed must remain adaptable in its policy approach. They both stressed the importance of data-driven decisions, indicating that the central bank will closely monitor economic indicators before making further adjustments to monetary policy.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/fed-s-daly-kugler-stress-inflation-fight-has-not-yet-been-won/ar-AA1wYjNF ]

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