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Logan: Restoring price stability requires careful calibration
Thank you for that kind introduction, Dom [Haskett]. I was just at the Jackson Hole Economic Symposium, where the Kansas City Fed gathers central bankers and researchers at Grand Teton National Park to discuss the latest global economic issues. Visiting the Wyoming mountains reminded me of being in the Girl Scouts growing up. I cherished evenings around the campfire with my friends. But you can stay up only so late and eat only so many s’mores. Eventually, you have to put the fire out. Now, as every Scout knows, when you put out your campfire, you must make sure it is “cold out”—so completely extinguished ... (full story)
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Fed’s Logan: There’s ‘Work Left to Do’ to Get to Sufficiently Restrictive Policy
— *seven (@sevenloI) September 7, 2023
Fed’s Logan: Skipping Does Not Imply Stopping Rate Hikes
Fed’s Logan: Not Yet Convinced We’ve Extinguished Excess Inflation
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Fed’s Logan: Fed Needs to Calibrate Policy ‘Carefully,’ Must Proceed Gradually
— *seven (@sevenloI) September 7, 2023
Fed’s Logan: Job Market Strength Suggests We Have Not Finished the Job of Restoring Price Stability
Fed’s Logan: if Stronger Economic Activity Continues, Could Lead to a Resurgence of Inflation