Federal Reserve Bank of Dallas CEO Expresses Concerns About Inflation Progress

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Federal Reserve Bank of Dallas CEO Expresses Concerns About Inflation Progress
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Lorie Logan, president and CEO of the Federal Reserve Bank of Dallas, expressed concerns about inflation progress and the possibility of price growth not cooling down in a timely manner. She believes it is too soon to consider cutting interest rates and wants to see more certainty about the economic path. Logan's remarks indicate that she is part of a group of policymakers who expect two or fewer rate cuts in 2024.

Lorie Logan, president and CEO of the Federal Reserve Bank of Dallas , expressed concerns about inflation progress and the possibility of price growth not cooling down in a timely manner. She believes it is too soon to consider cutting interest rates and wants to see more certainty about the economic path.

Logan's remarks indicate that she is part of a group of policymakers who expect two or fewer rate cuts in 2024.

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