Federal Reserve official Logan suggests that adjusting interest rates may still take some time.
Lorie Logan, President of the Federal Reserve Bank of Dallas, hinted that officials may need some time to see how the economy reacts to changes in tariffs and other policies before deciding on adjusting interest rates. Speaking at an event in Waco, Texas on Thursday, Logan outlined various risks facing the economic outlook. Logan said, "Currently, the labor market remains strong, inflation trends are gradually returning to target levels, and the risks facing the Federal Open Market Committee's targets are roughly balanced, I think monetary policy is in good shape." She added, "It may take quite some time to see if the risk balance will shift in one direction."
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