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Fed's Logan: Too soon to think about rate cuts

Started by forex4you, May 31, 2024, 07:01 am

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May 31, 2024, 07:01 am
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

forexlive.com
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