Fed's Lorie Logan Advocates for Gradual Interest Rate Reductions

Reported about 1 month ago

Dallas Fed President Lorie Logan emphasized the necessity of gradually lowering interest rates to tackle potential risks to the job market and inflation. Despite a stable economy, she signaled that uncertainties remain and cautioned about the risks of inflation rising again. Her comments follow recent positive employment data and a new inflation report, which could influence upcoming Federal Reserve decisions on interest rates.

Source: YAHOO

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