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Federal Reserve Kugler: U.S. labor market is stable and close to maximum employment "

According to Internet reports, according to Jin Shi, Federal Reserve Governor Kugler said on Friday local time that the U.S. labor market is stable. Judging from the current unemployment rate of 4.2% and a series of other indicators, it is likely to be close to the Federal Reserve's goal of maximizing employment. Kugler's remarks to the central bank of Iceland did not address the economic outlook or monetary policy. Earlier this week, the Federal Reserve kept interest rates in the 4.25%-4.50% range. Federal Reserve Chairman Powell said that while President Trump's tariffs may increase unemployment and inflation, neither trend is evident in the data, so the Fed can wait and see how the economy is doing before taking any action.

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