The Fed’s Kugler is on CNBC and says:
- The US economy ended 2024 in a good place
- The economy is resilient
- The process of disinflation continued.
- The labor market remains resilient
- The labor market is gradually cooling down.
- Real wages continue to rise even as the labor market cools.
- The key is that the labor market gradually cooled.
- The current unemployment rate remains historically low.
- The labor market seems to be in a stable situation
- The unemployment rate is not rising fast.
- Productivity is one of the supply shocks that helps a healthy economy with disinflation.
- He is optimistic about productivity.
- He will not comment on the policies of the new administration.
- Immigration was helpful in balancing the American labor market.
- Uncertain what will happen with immigration trends.
- Uncertain what the tariffs will do to the economy and monetary policy.
- It may depend on the durability of the tariffs.
- The Fed faces a wide range of economic scenarios.
- We are dealing with a burst of inflation.
This article was written by Greg Michalowski at www.forexlive.com.
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