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

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.

FXStreet · 3d

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.

Bloomberg on MSN · 4d

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.

Barron's on MSN · 4d

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.

17don MSN

Fed’s Daly Reveals Her Bullishness for AI-Driven Productivity

Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s when she helped then-Chair ...

22h

Fed officials fretted about 'likely effects' of Trump trade and immigration policies

Almost all Federal Reserve officials agreed in their last meeting that 'upside risks to the inflation outlook had increased' due in part to the 'likely effects' of expected changes in trade and ...

Morning Bid: Pre-Trump trades lift US yields, yuan shaky

European shares held steady on Tuesday after inflation data matched expectations, while Asian shares rose as some investors ...

9don MSN

Crypto’s identity crisis: Fed’s Daly says it’s no gold, needs its own definition

The debate surrounding the true nature of cryptocurrency continues to evolve, with San Francisco Federal Reserve President ...

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 ...

Gold Extends Drop After Fed Officials Express Inflation Concern

Gold held a decline as comments from Federal Reserve officials over the weekend reinforced the view the US central bank will ...

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