Logan Urges Fed to Strengthen Market Tools
Dallas Fed President Lorie Logan said the central bank should strengthen its support tools for the Treasury market and bank funding. She noted that intervention is not currently needed but preparedness is vital.
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The United States Treasury market is functioning well despite recent rate volatility, but the Federal Reserve must strengthen its liquidity support tools, Dallas Fed President Lorie Logan said on Friday. The remarks come as rate-setting officials weigh further policy tightening amid persistent inflation pressures. Strengthening contingency mechanisms now will help avoid conflicting monetary signals if market stress flares up, Logan said.
