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Fed's Kugler, Daly say job not done on inflation

By Ann Saphir (Reuters) -Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank's job of taming inflation is not yet done, but also signaled they do not want to risk damaging the labor market as they try to finish that job.

Bloomberg on MSN · 3d

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

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.

FXStreet · 2d

Fed’s Daly: Inflation remains above our target

Federal Reserve Bank of San Francisco President Mary Daly said on Saturday that despite significant progress in lowering price pressures over the past two years, inflation remains uncomfortably above the 2% target, per Bloomberg.

Hosted on MSN · 3d

Inflation Fight Isn’t Over, Fed Officials Say. What They’re Watching Now.

Fed Governor Adriana Kugler and San Francisco Fed President Mary Daly cited anomalies that have complicated the central bank’s fight to cool price growth since the Covid pandemic.

4hon MSN

Fed's Waller still sees rate cuts in 2025 despite Trump tariff talk

Federal Reserve governor Chris Waller said Wednesday that he still supports cutting interest rates this year, believing ...

Fed officials signal more gradual approach to lowering rates as 2025 begins

Federal Reserve governor Lisa Cook said Monday it makes sense to lower interest rates more gradually given resilience in the job market and stickier-than-expected inflation, the latest central bank ...

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