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."
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Disgraced Hollywood sex offender Harvey Weinstein celebrated his 74th birthday Thursday by being wheeled into a Manhattan courthouse for a brief hearing ahead......
Gov. JB Pritzker's decision to back Lt. Gov. Julianna Stratton in Illinois' Senate primary is drawing sharp criticism from the Congressional Black Caucus, which hints it could hurt his 2028 presidenti...