Fed Official Logan Sees Potential for Rate Hike or Cut
Lorie Logan dissented against Fed guidance implying a bias toward rate cuts. She stated that economic uncertainty makes a hike or a cut equally plausible.
Xurve View
Xurve View
Federal Reserve Bank of Dallas President Lorie Logan dissented against United States central bank guidance that implies a bias toward interest rate cuts. Logan supported holding the federal funds rate at 3.5% to 3.75% but rejected language signaling the next move is down. Investors must now price in a "two-sided" risk where the next policy shift could be a rate hike.
