Fed policy 'a bit loose,' need it to be 'restrictive,' Logan says
Tweet
Share
E-mail
Federal Reserve Bank of Dallas President Lorie Logan speaks with students at the University of Texas at Austin's Graduate School of Business, in Austin, Texas, U.S. October 2, 2025. REUTERS/Ann Saphir/File Photo
June 3 (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan on Wednesday said she feels monetary policy is currently "neutral or perhaps even a bit loose," in contrast with what she feels the economy needs in light of inflation that's too high.
Inflation is heading toward 2.5%, she said, but the Fed aims to get it down to 2%. "In order to do that, we need at least mildly restrictive policy to finish the job," Logan said, in remarks which underscore her view that the Fed may need to raise interest rates.
(Reporting by Ann Saphir, Editing by Franklin Paul)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nepalis pin hopes on 'wall of the missing' in hunt for relatives after deadly flood
- Chair of Pacific leaders meeting urges united front on China missile test
- Trump administration threatens to cut federal agencies' support for Smithsonian
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
