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Logan: Sustainably restoring price stability: progress so far and risks ahead
Thank you for that kind introduction, Ellen [Meade]. It’s great to be here at Duke and to have a chance to talk about monetary policy with one of my favorite former Federal Reserve colleagues. Today, I’d like to discuss the progress we’ve made toward the Fed’s macroeconomic goals, as well as the risks ahead. The views I share are mine and not necessarily those of my colleagues on the Federal Open Market Committee (FOMC). As you know, inflation surged in 2021 and 2022 on the heels of the economic disruptions from the pandemic. The annual change in the price index for personal consumption expenditures (PCE) ... (full story)
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Dallas Fed President Lorie Logan: "I see meaningful risks" to bringing inflation back to 2%.
— Nick Timiraos (@NickTimiraos) April 5, 2024
"In light of these risks, I believe it’s much too soon to think about cutting interest rates."https://t.co/U4WYSVmNzf
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Fed’s Logan: FOMC Should Remain Prepared to Respond Appropriately if Inflation Stops Falling
— DB News TradFi (@DBNewswire) April 5, 2024
Fed’s Logan: Increasingly Concerned About Upside Risk to the Inflation Outlook