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Dallas Fed President Lorie Logan, a member of the 2026 FOMC voting committee, urged policymakers to be cautious in the coming months, reiterating that falling inflation would not necessarily prompt further rate cuts. Logan said at a moderated discussion in Palm Desert, California, on Friday: "Even if we get better data and it does look like [inflation] is closer to 2 percent, I think...
Dallas Fed President Logan, a member of the 2026 FOMC voting committee, said interest rates may already be close to neutral, and the need for further rate cuts may be avoided even if inflation continues to cool. "What if inflation gets closer to 2 percent in the coming months?" Logan said in prepared remarks at an event in Mexico City on Thursday. "While that's good news, it doesn't necessarily make...
Logan, the president of the Dallas Federal Reserve and a member of the 2026 FOMC voting committee, will speak in ten minutes.
The Dallas Fed Business Activity Index for May was -19.4, expectations were -12.5, and the previous value was -14.5.
The Dallas Fed Business Activity Index for April will be released in ten minutes.
The Dallas Fed Business Activity Index for April was -14.5, expectations were -11.3, and the previous value was -14.4.
Federal Reserve officials have become increasingly hawkish in their speeches this week, with Director Bauman suggesting a possible interest rate hike, while Dallas Fed Chairman Logan stated that it is still too early to consider a rate cut. Click to view>& Gt;
