Fed Governor Kugler: U.S. GDP growth expected to be solid in Q1 2025

Federal Reserve Governor Kugler said that the United States is expected to 2025 quarter GDP growth is solid, there is considerable uncertainty about the economic impact of the new policy proposals; January employment report showed that the U.S. labour market is healthy, neither weak nor overheated. In considering the appropriate policy rate, economic developments would be closely monitored and data, prospects and risks would be carefully assessed; recent progress on inflation had been slow and uneven and the level of inflation remained high.