Federal Reserve Bank of Dallas President Lorie Logan gives opening remarks and participates in moderated conversation before the Greater Waco Member Appreciation event
- Risks to employment, inflation goals ‘roughly balanced’
- For now, monetary policy is in a good place
- Could take ‘quite some time’ to see shift in balance of risks
- If balance shifts, Fed is well prepared to respond
- Labor market strong, inflation trending gradually to 2%
No sign here from Logan of any imminent rate cut from the Fed. Logan point pout it could be a while before it’s known how the economy will respond to tariffs and other changes.
This article was written by Eamonn Sheridan at www.forexlive.com.
