Two Federal Reserve policymakers said Saturday they feel the U.S. central bank’s job on taming inflation is not yet done, but also signaled they do not want to risk damaging the labor market as they try to finish that job. The remarks, from Governor Adriana Kugler and San Francisco Fed President Mary Daly, highlight the delicate balancing act facing U.S. central bankers this year as they look to slow their pace of rate cutting. The Fed lowered short-term rates by a full percentage point last year, to a current range of 4.25%-4.50%. Inflation by the Fed’s preferred measure is well
