Fed Officials Discuss Whether to Pause or Adjust Rate Hikes Based on Current Data and Economic Growth
TL;DR Summary
Dallas Federal Reserve President Lorie Logan said that the current economic data doesn't justify skipping a rate increase at the central bank's next meeting in June. While noting some progress in bringing down inflation and cooling the labor market, Logan said the Fed still has work to do in achieving its goal for price stability. Market pricing indicates an expectation that the Fed will hold the line at its June 13-14 meeting, pausing a rate-hiking cycle that began in March 22.
- Dallas Fed President Logan says current data doesn't justify pausing rate hikes yet CNBC
- Fed Officials Debate Whether to Pause Rate Rises The Wall Street Journal
- Dallas Fed President Logan says current data doesn’t justify pausing rate hikes yet Forex Factory
- US Fed's Logan says 'smaller, less frequent' hikes may be safer for stability Reuters
- Fed's Williams Sees Economy Growing, Inflation Falling Bloomberg
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