Dallas Federal Reserve President Lorie Logan on Friday said it's not clear if monetary policy is tight enough to bring inflation down to the U.S. central bank's 2% goal, and it is too soon to be cutting interest rates. There are still good reasons that inflation will return to the Fed's 2% goal in the coming years, Logan told the Louisiana Bankers Association's annual conference. "There are also important upside risks to inflation that are on my mind, and I think there's also uncertainties about how restrictive policy is and whether it's sufficiently restrictive to keep us on this path."
Breaking
The Russian Defense Ministry has accused Zelensky of making statements about the front divorced which are from reality...
It’s time for Trump to remember why his voters put him in the White House against all odds. Let me jog his memory....
Here's why Zohran Mamdani's win as New York City's Democratic Socialist mayor spells trouble for moderate Democrats in future elections across America....
loading...