Federal Reserve's Logan: Insufficient cooling of inflation for FOMC to continue cutting interest rates

Wallstreetcn
2026.02.10 18:27

Lorie Logan, President of the Federal Reserve Bank of Dallas (2026 FOMC voting member), expressed her optimism about inflation continuing to decline, but she needs to see a "substantial" weakening in the labor market before supporting further rate cuts.

"In the coming months, we will learn whether inflation is indeed falling to our target and whether the labor market can remain stable," Logan stated during a preparatory speech at an event in Austin on Tuesday