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MNI BRIEF: Fed’s Kugler-Inflation Undershoot Not Baseline Case

Fed Gov. Kugler says labor market cooling but still resilient.

MNI (WASHINGTON) - Federal Reserve Governor Adriana Kugler said Wednesday she is not worried about inflation falling consistently below the central bank’s 2% target. 

"That's not my main concern. Overshooting is not my baseline,” she said in response questions during a session at Harvard University. 

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MNI (WASHINGTON) - Federal Reserve Governor Adriana Kugler said Wednesday she is not worried about inflation falling consistently below the central bank’s 2% target. 

"That's not my main concern. Overshooting is not my baseline,” she said in response questions during a session at Harvard University. 

Keep reading...Show less