US monetary policy may not be tight enough, Fed's Logan says
NEW ORLEANS, Louisiana (Reuters) -Dallas Federal Reserve President Lorie Logan on Friday said it's not clear if monetary policy is tight enough to bring inflation down to the U.S. central bank's 2% goal, and with price pressures still too strong, it is too soon to be cutting interest rates. There are still good reasons to think that inflation will return to 2% in the coming years, Logan told the Louisiana Bankers Association's annual conference. "There are also important upside risks to inflation that are on my mind, and I think there's ...
Click
To Read Full Article