In remarks that suggest she is in no hurry to cut interest rates, Federal Reserve Governor Adriana Kugler on Friday said she expects continued solid economic growth this quarter, and noted slow progress on inflation and a lack of clarity on how the Trump administration's policies will affect the economy.

The latest jobs report, released earlier on Friday, was "consistent with a healthy labor market that is neither weakening nor showing signs of overheating," said Federal Reserve Governor Adriana Kugler.

and a 0.1 percentage point decline in unemployment to 4% affirmed a Fed decision last month to pause monetary easing. Policymakers in January held the main rate between 4.25% and 4.5%, noting that inflation persists above the Fed’s target and the labor market, while cooling, remains solid.

Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald Trump's policies will affect economic growth and still-elevated inflation,