Dallas Fed President Lorie Logan has voiced opposition to a potential interest rate cut in December, highlighting ongoing inflation concerns. Logan emphasized the importance of allowing more time to evaluate if inflation is consistently moving towards the Federal Reserve's 2% target. She noted that economic data remains mixed, with persistent inflation and a robust labor market complicating the decision to lower rates. Logan's position is consistent with other Fed officials who favor maintaining current rates while monitoring economic indicators closely. This stance suggests a period of rate stability, which could influence various asset classes, including cryptocurrencies.
Dallas Fed President Lorie Logan Opposes December Rate Cut
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