Dallas Fed President Lorie Logan signaled a cautious approach to further rate cuts, citing persistent inflation above the Fed's 2% target and robust U.S. demand, while noting the September cut was an insurance move against labor market risks.
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#YonhapInfomax
#LorieLogan #FederalReserve #InterestRateCut #Inflation #LaborMarket
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84303
Dallas Fed President Says Further Rate Cuts Will Be Approached with Caution
Dallas Fed President Lorie Logan signaled a cautious approach to further rate cuts, citing persistent inflation above the Fed's 2% target and robust U.S. demand, while noting the September cut was an insurance move against labor market risks.