Fed's Kugler favors more rate cuts
Fed's Kugler favors more rate cuts if inflation continues to drop
Federal Reserve governor Adriana Kugler said Tuesday that she "strongly supported" the decision to cut rates by half a percentage point in September and that she favors more cuts if inflation continues to drop.
Fed’s Kugler says she supports more rate cuts if inflation recedes
Federal Reserve Gov. Adriana Kugler said Tuesday she supported further interest-rate cuts, with the speed dependent on the outlook for employment and inflation. Speaking at a European Central Bank event in Frankfurt,
Fed’s Kugler Calls for ‘Balanced Approach’ to Future Rate Cuts
Federal Reserve Governor Adriana Kugler said the US central bank should keep its focus on bringing inflation back to its 2% target, though with a “balanced approach” that avoids an “undesirable” slowdown in employment growth and economic expansion.
MNI: Fed's Kugler Supports More Cuts If Disinflation Continues
Federal Reserve Governor Adriana Kugler said Tuesday she favors lowering interest rates if inflation continues to fall as expected and added she's closely monitoring the economic effects from Hurricane Helene and geopolitical events in the Middle East for their impact on the U.
Fed Governor Kugler says she 'strongly supported' cutting rates by 50 bps
Federal Reserve Governor Adriana Kugler supports interest rate cuts to balance progress on inflation with labor market resilience, aiming for
Fed’s Kugler Says She ‘Strongly Supported’ Half-Point Rate Cut
Federal Reserve Governor Adriana Kugler said she “strongly supported” the central bank’s decision to lower borrowing costs by a half point last week, adding it will be appropriate to make additional rate cuts if inflation continues to ease as expected.
Fed Gov. Kugler ‘strongly supported’ rate cut, signals support for future cuts
Federal Reserve Gov. Adriana Kugler said she “strongly supported” the Fed’s recent decision to cut interest rates by 50 basis points, signaling that she would support future rate cuts as well.
Fed’s Kugler: Will support additional rate cuts if progress on inflation continues as expected
Federal Reserve Governor Adriana Kugler said on Tuesday that he “will support additional rate cuts if progress on inflation continues as expected.” Want 'balanced approach' to make progress on inflation and avoid undesirable slowdown in job and economic growth. Approach to any policy decision will continue to be data dependent.
Fed's Kugler Strongly Supported Half-Percentage-Point Rate Cut
A former chief economist at the U.S. Labor Department, Kugler said it was appropriate for the Fed to now focus on a job market that has cooled but "remains resilient" with a 4.2% unemployment rate that is "still quite low by historical standards."
Fed's Kugler makes case for more rate cuts if inflation keeps easing
(Reuters) -Federal Reserve Governor Adriana Kugler said on Tuesday she strongly supported the U.S. central bank's recent interest rate cut and will support further reductions if inflation continues to ease as she expects.
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Fed’s Kugler 'strongly' supported bigger rate cut, sees more ahead
Fed Governor Adriana Kugler said Wednesday that she "strongly" supported the decision to cut interest rates by 50 basis ...
US Fed Official Says Closely Eyeing Hurricane Helene Impact
A US central bank official said Tuesday she would support further interest rate cuts if inflation continues cooling, adding she is also eyeing effects from Hurricane Helene and unrest in the Middle ...
US jobs market cooling but still resilient, Fed's Kugler says
The U.S. jobs market has started to cool but remains resilient and the Federal Reserve is keen to avoid a drastic weakening ...
USD/CAD reclaims seven-week high near 1.3650 amid weak Canadian Dollar
The USD/CAD pair recaptures a seven-week high near 1.3650 in Tuesday’s European session. The Loonie asset strengthens amid ...