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Fed's Logan: Restrictive financial conditions needed to bring down inflation
Dallas Fed Pres. Lorie Logan speaking (hawk):Continued restrictive financial conditions it will be necessary to bring down inflation.In setting policy rate, Fed must take account of financial conditions, which have taken substantially in recent months.If higher long-term rates are due to higher term premiums, there may be less need for Fed to raise rates.Higher term premiums have clear role in higher long-term rates, uncertain how bigTo the extent a stronger economy is behind rising long-term ra...
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Posted: Oct 9 2023, 13:05
Author Name: forexlive
Views: 112944