Daily Market Updates: Dallas Fed president says inflation progress still warrants higher rates

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Dallas Fed president says inflation progress still warrants higher rates

Reported · Written up by our desk · Central Banks

CNBC reports Dallas Fed President Logan said that even with this week’s good inflation news, the improvement is not sufficient to end the case for higher interest rates.

He argued policy should move higher in a modest way, signaling continued pressure on inflation rather than a premature pivot to easing.

The comments frame the current data as helpful, but not strong enough to change the broader rate path that Logan supports.

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Sources

CNBC MarketsDallas Fed President Logan calls for 'modestly' higher interest rates

CNBC FinanceDallas Fed President Logan calls for 'modestly' higher interest rates

Bonds & Rates

Dallas Fed president says inflation progress still warrants higher rates

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