Fed’s Kugler: Job not done on inflation

• US economy ended 2024 in a good place
• Our job on inflation is not done
• Inflation has been coming down
• Says she suspects pressures from housing inflation and non-market services inflation are a bump
• Want to avoid any rapid increase in unemployment

They’re in ‘wait-and-see’ mode and will wait for inflation to move or jobs too deteriorate.

This article was written by Adam Button at www.forexlive.com.

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