Fed’s Bostic, Logan: significant progress on inflation, but headwinds remain
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Two Federal Reserve (Fed) officials hit newswires on Friday, with Atlanta Fed President Raphael Bostic and Dallas Fed President Lorie Logan reiterating common themes about inflation and the Fed’s rate outlook.
Both Fed policymakers highlighted that the Fed has made significant progress on reigning in US inflation, but reiterated that there’s still plenty of work to be done, with key risk factors plaguing the Fed’s ability to deliver rate cuts as fast or as deep as markets are pining for.
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