MNI BRIEF: Kugler Wants Fed Framework To Be More Lasting

Federal Reserve Governor Adriana Kugler said Wednesday the central bank's framework, which is currently under review, must be broad enough to apply to varying economic scenarios. 

"We need to have a framework that is resilient and that can help us move forward in terms of considering many potential situations that need to be faced," she told an event at Princeton University. "We need to make it as resilient as possible in the sense that we cannot focus on zero lower bound issue. We need to consider all potential situations and economic conditions."