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Kugler: The Challenges Facing Economic Measurement and Creative Solutions
Thank you for your generous introduction, Ellen. I am delighted to be here with the National Association for Business Economics (NABE), and, in particular, I am pleased to be speaking at a conference covering an issue that is close to my heart and on which I have spent many years working: economic measurement. When Federal Reserve officials tell audiences that their judgments are data dependent, some skeptics perhaps presume that monetary policy is already on a path set in stone. But most in this room likely know what I mean when I talk about data dependence. I am a member of the Federal Open Market Committee (FOMC), ... (full story)
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FED'S KUGLER: UPSIDE RISKS TO INFLATION, DOWNSIDE RISKS TO EMPLOYMENT HAVE BECOME MORE BALANCED
— First Squawk (@FirstSquawk) July 16, 2024
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FED'S KUGLER: IF LABOR MARKET COOLS TOO MUCH, IT WILL BE APPROPRIATE TO CUT INTEREST RATES 'SOONER RATHER THAN LATER'
— First Squawk (@FirstSquawk) July 16, 2024
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FED'S KUGLER: IF INCOMING DATA DON'T PROVIDE CONFIDENCE THAT INFLATION IS MOVING TOWARD 2% TARGET, IT MAY BE APPROPRIATE TO HOLD RATES STEADY 'A LITTLE LONGER'
— First Squawk (@FirstSquawk) July 16, 2024
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FED'S KUGLER: INFLATION HAS CONTINUED TO TREND DOWN, DESPITE 'A FEW BUMPS' AT START OF THIS YEAR
— First Squawk (@FirstSquawk) July 16, 2024
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- Posted: Jul 16, 2024 2:53pm
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