Dallas Federal Reserve Bank President Laurie Logan on Thursday said economic data doesn't yet support the case for a pause in interest-rate hikes in June.
Over the past few days, remarks by Federal Reserve officials have highlighted the ongoing debate over how much more the central bank needs to do to fight inflation.
“After raising the target range of... Over the past few days, remarks by Federal Reserve officials have highlighted the ongoing debate over how much more the central bank needs to do to fight inflation. “After raising the target range of the federal-funds rate at each of the last 10 [Federal Open Market Committee] meetings, we have made some progress. The data in coming weeks could yet show that it is appropriate to skip a meeting,” Logan said in remarks prepared for delivery to the Texas Bankers Association this morning.Speaking separately, Fed Gov.
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