Fed's Logan Advocates for Gradual Interest Rate Cuts

Reported about 1 month ago

In recent comments, Lorie Logan, the president of the Federal Reserve Bank of Dallas, emphasized the importance of implementing gradual interest rate reductions due to potential risks concerning the US labor market and inflation. Her remarks were made during the Securities Industry and Financial Markets Association's annual meeting, as other Fed officials also prepare for the upcoming November policy meeting.

Source: YAHOO

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