French Foreign Trade Bank: Kugler's resignation is expected to have little impact on policy changes, but the timing is intriguing.

French economist Christopher Hodge from the Bank of Foreign Trade of France stated that appointing a senior technocrat as the Acting Director of the US Bureau of Labor Statistics is a positive development. Looking ahead, if the integrity of the data is compromised, it could put the market and the Federal Reserve in a very dangerous position. It is expected that the Federal Reserve will rely more on qualitative information from the Beige Book. Kughler's term is already set to end in January next year, so there will not be any major changes in policy. Although there is currently no indication that she resigned out of protest, the timing is indeed intriguing.