Latest news with #LorieLogan
Zawya
2 days ago
- Business
- Zawya
Fed's Logan says it 'could take quite some time' to see a shift in balance of risks
Federal Reserve Bank of Dallas President Lorie Logan on Thursday signaled that the central bank may need to keep short-term interest rates where they are for quite some time as it waits for the data to show if President Donald Trump's mix of trade, tax and regulatory policies pushes up inflation or down on employment "For now, with the labor market holding strong, inflation trending gradually back to target, and risks to the (Fed's) objectives roughly balanced, I believe monetary policy is in a good place," Logan said at an event in Waco, Texas. "It could take quite some time to know whether the balance of risks is shifting in one direction or another." If the balance does shift, she added, "We'll be well prepared to respond." The Fed earlier this month left its policy rate in the 4.25%-4.50% range. Logan is only the latest in a string of policymakers including Fed Chair Jerome Powell to say that it's too early to know whether Trump's aggressive tariffs will push up inflation only temporarily or more persistently, or if the tariffs could reduce employment in some import-dependent sectors. "Stimulative federal fiscal policy or changes in regulations could also boost investment and consumer demand," Logan said. "On the other hand, economic uncertainty and financial market volatility could prompt consumers and businesses to pull back, slowing the economy."
Bloomberg
2 days ago
- Business
- Bloomberg
Logan Signals It May Be Quite Some Time Before Fed Adjusts Rates
Federal Reserve Bank of Dallas President Lorie Logan signaled it may take a while before officials know how the economy will respond to tariffs and other policy changes and thus how they should adjust interest rates. In prepared remarks for an event in Waco, Texas on Thursday, Logan outlined a variety of risks to the economic outlook.
Reuters
2 days ago
- Business
- Reuters
Fed's Logan says it 'could take quite some time' to see a shift in balance of risks
May 29 (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan on Thursday signaled that the central bank may need to keep short-term interest rates where they are for quite some time as it waits for the data to show if President Donald Trump's mix of trade, tax and regulatory policies pushes up inflation or down on employment "For now, with the labor market holding strong, inflation trending gradually back to target, and risks to the (Fed's) objectives roughly balanced, I believe monetary policy is in a good place," Logan said at an event in Waco, Texas. "It could take quite some time to know whether the balance of risks is shifting in one direction or another." If the balance does shift, she added, "We'll be well prepared to respond." The Fed earlier this month left its policy rate in the 4.25%-4.50% range. Logan is only the latest in a string of policymakers including Fed Chair Jerome Powell to say that it's too early to know whether Trump's aggressive tariffs will push up inflation only temporarily or more persistently, or if the tariffs could reduce employment in some import-dependent sectors. "Stimulative federal fiscal policy or changes in regulations could also boost investment and consumer demand," Logan said. "On the other hand, economic uncertainty and financial market volatility could prompt consumers and businesses to pull back, slowing the economy."
Yahoo
21-05-2025
- Business
- Yahoo
Logan Says Fed Should Strengthen Rate-Control Tools
Federal Reserve Bank of Dallas President Lorie Logan called for the US central bank to consider strengthening the mechanisms by which it keeps money-market interest rates from spiking during times of market stress. "These markets are extraordinarily strong, deep and liquid, as befits their systemic role. But they are not invulnerable," Logan said Monday at the Atlanta Fed's 2025 Financial Markets Conference in Fernandina Beach, Florida. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
19-05-2025
- Business
- Bloomberg
Fed's Logan Calls for Strengthening Rate-Control Tools
Federal Reserve Bank of Dallas President Lorie Logan said the US central bank should consider strengthening the mechanisms by which it keeps money-market interest rates from spiking during times of market stress. Logan, speaking Monday in prepared remarks for the Atlanta Fed's 2025 Financial Markets Conference in Fernandina Beach, Florida, repeated calls she's made previously for encouraging more banks to utilize the discount window and for centrally clearing Standing Repo Facility operations. Logan was set to moderate a panel about the role of non-bank institutions in Treasury and money markets.
