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Fed's Logan says it could be appropriate to skip an FOMC rate hike at September meeting
Dallas Federal Reserve Bank President Lorie Logan: 'Could be appropriate' to skip interest-rate increase in SeptThere is 'work left to do' to get to sufficiently restrictive policySkipping does not imply stopping rate hikesNot yet convinced we've extinguished excess inflationFed needs to calibrate policy 'carefully,' must proceed graduallySignificantly lower inflation in recent months 'encouraging,' but too soon to confidently say on path to 2% in timely wayJob market strength suggests we have n...
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Posted: Sep 7 2023, 23:01
Author Name: forexlive
Views: 111573