Quartz·1 min read·medium
Dallas Fed president is calling for higher interest rates to finish the inflation fight
✦AI Summary
Dallas Fed President Lorie Logan has suggested that interest rates may need to rise further to effectively combat inflation. She expressed concern that inflation is not trending toward the 2% target, arguing that modest rate hikes are necessary to maintain economic stability.
Lorie Logan said inflation does not appear headed back to 2% and that modest rate increases would better balance the Fed's dual mandate
businesseconomypolitics
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