Fed Kugler: Economic system ended 2024 in a very good place. The economic system is resilient

Fed’s Kugler is on CNBC and says:

• US economic system ended 2024 in a very good place
• The economic system is resilient
• Means of disinflation has stored going.
• Labor market stays resilient
• The labor market has been cooling progressively.
• Actual wages are nonetheless up even with labor market cooling.
• The hot button is that job market has cooled progressively.
• Present unemployment charge stays traditionally low.
• The job market seems in a secure scenario
• The unemployment charge isn’t rising quickly.
• Productiveness is likely one of the provide shocks that helps having a wholesome economic system with disinflation.
• Is optimistic about productiveness.
• Is not going to touch upon insurance policies of incoming administration.
• Immigration has been useful in balancing the US labor market.
• Unsure what is going to occur with immigration traits.
• Unsure what tariffs will do to the economic system and financial coverage.
• It might rely on the permanence of the tariffs.
• Fed is coping with a large set of financial situations.
• We’re coping with a bump in inflation.
• Watching to see if inflation pressures will stay sticky
• Knowledge will drive what Fed does with coverage.
• There’s a view Fed can take time on future charge cuts

This text was written by Emma Wang at www.ubaidahsan.com.



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