Federal Reserve Governor Cougler: Supports keeping interest rates at the current restrictive level unchanged

TechFlow, May 12 — According to Jinshi Data, Federal Reserve Governor Cougler said the Fed is closely monitoring changes in trade policy and their impact on productivity and the economic outlook. It is crucial to keep long-term inflation expectations stable. The uncertainty surrounding tariffs has already affected the economy. Progress in bringing down inflation has slowed. Labor market conditions have remained largely stable. It is becoming increasingly difficult to assess the underlying economic growth trend. Trade policy is shifting and could still lead to higher prices and slower economic growth. Supports maintaining interest rates at the current restrictive level. The Fed is well positioned to respond to changes in the macroeconomic outlook.