TechFlow news, November 21 — According to Jinshi Data, Dallas Fed President Logan said Friday that the Federal Reserve needs to "keep interest rates unchanged for now" while assessing the current level of monetary policy restrictiveness. Speaking in Zurich, she reiterated her previous view that the Fed's rate cut in October was unjustified given that inflation remains high and the labor market is broadly balanced. She stated: "Holding rates steady for a period of time in the absence of clear evidence supporting further policy easing will allow the Federal Open Market Committee (FOMC) to better assess the degree of constraint from current policy."
Add to Favorites
Share to Social Media
