Federal Reserve Governor Adriana D. Kugler stressed that the Fed's current monetary policy is comfortable handling any uncertainty it faces in pursuing its dual mandate.
During her speech at the Detroit Economic Club, Kugler reassured that she would make decisions on a meeting-by-meeting basis. However, she praised the path and achievements of the current policy.
"While I have gained more confidence that the two positive supply shocks I described have helped create the solid economic conditions that are currently in place, I will vigilantly monitor for incoming risks or negative supply shocks that may undo the progress that we have achieved in reducing inflation," Kugler said.
