Fed's Logan: Too soon to think about rate cuts Federal Reserve Bank of Dallas President Lorie Logan:
- Too soon to think about rate cuts
- there are good reasons to think we are still on the path to 2% inflation, but bumpy
- policy may not be as restrictive as we think
- good reasons to believe neutral rate is higher now than before the pandemic
- if the neutral rate is higher than before it suggests rates won't go back down to pre-pandeimc levels
more to come
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Fed's Logan: Too soon to think about rate cuts (https://www.forexlive.com/centralbank/feds-logan-too-soon-to-think-about-rate-cuts-20240530/)
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