Dallas Federal Reserve Bank President Lorie Logan emphasized that inflation remains the primary concern for the U.S. central bank, urging caution regarding potential rate cuts. Logan highlighted that inflation is further from the 2% target compared to employment goals, suggesting it will take time to stabilize. She also pointed out the global uncertainties affecting economic conditions. Additionally, Logan noted her focus on the unemployment rate, which stood at 4.3% in August, aligning closely with long-term expectations.
Dallas Fed's Logan Prioritizes Inflation, Advises Caution on Rate Cuts
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