Logan Says Fed Is in Good Position With Rates to Be Patient
- Fed needs several good months of inflation data, Logan says
- Dallas Fed chief sees higher neutral rate than pre-pandemic
Lorie Logan
Photographer: Shelby Tauber/BloombergThis article is for subscribers only.
Federal Reserve Bank of Dallas President Lorie Logan said the US central bank is in a good position with interest rates to be patient as policymakers watch incoming data on inflation.
The latest reports on prices were welcome news, but several months of good data will be needed to instill confidence that inflation is headed back to the Fed’s 2% target, Logan said Tuesday at an event in Austin.