Reported about 1 month ago
Federal Reserve Bank of Dallas President Lorie Logan expressed skepticism about the necessity for additional interest rate cuts, suggesting that current rates may already be near a neutral level. During a conference, she indicated that even if inflation approaches the central bank's 2% target, it might not justify imminent rate reductions. Logan highlighted the importance of stable inflation expectations and mentioned that policymakers need to navigate ongoing government policy changes affecting economic activity.
Source: YAHOO