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Dallas Fed's Logan sees inflation progress but urges caution, backing steady rates amid ongoing economic risks.
Dallas Fed President Lorie Logan expressed cautious optimism that inflation will return to the Fed’s 2% target, but said she’s not yet confident the economy is on track.
She cited uncertainty from invalidated tariffs, potential demand pressures, and the Supreme Court’s recent decision on import taxes as ongoing inflation risks.
Logan supported holding interest rates steady at 3.50%-3.75%, noting current policy is well-positioned to balance price stability and employment.
She highlighted concerns about supply-demand imbalances, especially in tech, and emphasized the need for strong banking sector liquidity and deposit diversification.
Logan, de la Fed de Dallas, ve progreso en la inflación, pero pide precaución, respaldando las tasas estables en medio de los riesgos económicos en curso.