Fed's Kugler says her expectations for Fed Funds consistent with March FOMC projections

Federal Reserve Board Governor Adriana Kugler. Headlines via Reuters: - My policy rate expectation is consistent with March FOMC meeting policymaker projections - If disinflation and labor market conditions proceed as i am currently expecting, then some lowering of the policy rate this year would be appropriate - Expect disinflationary trend to continue - Policy is currently restrictive, and my baseline expectation is that disinflation will continue without a broad economic slowdown - Such an outcome is not assured - …