Reported about 15 hours ago
Dallas Federal Reserve Bank President Lorie Logan emphasized the need for maintaining current interest rates to manage inflation effectively, especially in light of tariffs imposed by the Trump administration. She noted that while tariffs haven't significantly impacted inflation yet, ongoing assessment of economic data is crucial. Logan also suggested that future adjustments to rates could be influenced by shifts in inflation and labor market conditions. The Fed aims to keep inflation around the 2% target without undermining the labor market.
Source: YAHOO