Fed's Logan: The Fed may pause interest rate hikes

Aihucha, September 8: Dallas Fed President Logan said on Thursday that while it may be appropriate not to raise interest rates at the Fed's upcoming meeting, further policy tightening may be needed to bring inflation down in time. rate dropped to 2%. "The nature of forecasts is uncertainty. However, my baseline estimate is that there is still a lot of work to be done," she said. "The price rises of the past few years have been unacceptable, and I am not yet convinced that we have eliminated excessive inflation." "It may be appropriate to pause again when we meet later this month, but a pause does not mean a stop." She said the decline in inflation was "encouraging" but may not be low enough, especially as the labor market remains strong. In the coming months, further assessment of the data and outlook may confirm that we need to do more to combat inflation.