Fed Governor Kugler: Fed Can Keep Rates Unchanged for a Longer Period of Time

According to Golden Ten, Fed Governor Kugler reiterated that the Fed can keep interest rates unchanged for an ‘extended period of time’, with the latest economic data from earlier this year showing some signs of weakness and surveys indicating that consumers expect further gains in the near future, but uncertainty related to trade policy remains, and that current Fed policy remains restrictive; the policy is judged to be in good shape. restrictive; the policy is judged to be in good shape.