Fed’s Logan says US central bank must be ‘very cautious’ on rate cuts

Fed’s Logan Sees More Work to Do in Reaching Inflation Target

Federal Reserve Bank of Dallas President Lorie Logan said she’ll approach additional rate cuts very cautiously while the risks to inflation remain more prominent than the threat of higher unemployment.

Fed’s Logan says US central bank must be ‘very cautious’ on rate cuts

(Reuters) -Federal Reserve Bank of Dallas President Lorie Logan on Thursday said the U.S. central bank appropriately took out some insurance against any sharp deterioration in the labor market with its interest-rate cut last month, but needs to be “cautious” with any further rate cuts because inflation is running above target and is heading upward. “We need to be very cautious about rate cuts from here and make sure that we appropriately calibra…

Fed's Logan Warns Against Hastily Cutting Rates Amid Inflation - Blockchain & Cryptocurrencies Tabloid

Dallas Fed's Lorie Logan advises caution on cutting interest rates due to persistent inflation risks.

Fed’s Lorie Logan Urges Caution on Further Rate Cuts Citing Inflation Risks

Federal Reserve Bank of Dallas President Lorie Logan is the latest Fed official to share her thoughts on monetary policy and what the next move should be, given rising inflation and a weakening labor market. This comes as the crypto market prices in a potential Fed rate cut at the next FOMC meeting, with Bitcoin The post Fed’s Lorie Logan Urges Caution on Further Rate Cuts Citing Inflation Risks appeared first on CoinGape.