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flag Dallas Fed's Logan urges holding rates steady, citing inflation and strong labor market.

flag Dallas Fed President Lorie Logan urged the Federal Reserve to keep interest rates steady, arguing that current borrowing costs may not be restrictive enough given persistent inflation and strong labor market conditions. flag Speaking in Zurich, she questioned the necessity of recent rate cuts, citing elevated stock prices and tight credit spreads as signs financial conditions remain too loose. flag With inflation forecast near 2.7% over the next year, Logan said a December cut would require clear evidence of faster disinflation or a significant labor market slowdown. flag The Fed’s next decision is set for December 9–10, as policymakers remain divided on the path forward.

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