(Reuters) – Federal Reserve Governor Adriana Kugler said on Saturday that the U.S. economy ended 2024 in a good place, with inflation down from its peak and the labor market close to full employment, but the U.S. central bank’s job to contain inflation is not yet done. .
Speaking on the same panel, San Francisco Fed President Mary Daly said she too sees inflation “uncomfortably” above the Fed’s 2% target. Still, both she and Kugler said they want to avoid a further slowdown in the labor market.
