February 07, 2025 at 05:02PM
Jobs report shows neither weakening nor overheating
Recent progress on inflation is slow and uneven
Sees considerable uncertainty on economic effects of new policy proposals
Continued productivity gains would help Fed attain goals,
Will watch developments closely and assess data
This is yet-another victory lap and pledge to ‘wait and see’ from a Fed official. They’re all saying the same thing.
This article was written by Adam Button at www.forexlive.com.
Fed’s Kugler: Jan jobs report shows US labor market is healthy
