Fed’s Kugler: The US labour market is stable, close to maximum employment

• The US labour market is stable, close to maximum employment.
• Past two recoveries suggest 3.5% unemployment sustainable.

She delivered a very comprehensive speech on the topic of “Assessing Maximum Employment” here. Such speeches are always a learning experience for the newcomers.

This article was written by Giuseppe Dellamotta at www.forexlive.com.