Dallas Fed president cautious about further US rate cuts
Lorie Logan says inflation ‘not convincingly on track’ to return to 2%
There may be little room to cut rates further in the US, the president of the Federal Reserve Bank of Dallas has said.
In a speech at the bank on September 30, Lorie Logan argued that policy was likely to be only modestly restrictive at the moment.
She said the US was at a key moment for monetary policy and noted that members of the Federal Open Market Committee were beginning to diverge in their economic projections.
“Even setting aside temporary effects of this year’s increases in tariff rates
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