Tuesday, 22 October 2024

Fed’s Logan: Gradual rate reductions expected amid strong economy but risks persist

by BD Banks

  In a speech today, Dallas Fed President Lorie Logan said that if the economy continues on her expected path, a strategy of “gradually lowering the policy rate toward a more normal or neutral level” would help balance the risks and support Fed’s dual mandate of stable inflation and full employment. Logan described the US […]

The post Fed’s Logan: Gradual rate reductions expected amid strong economy but risks persist appeared first on Action Forex.

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