Fed’s Logan: Fed should take time to assess more data, no urgency on rate cuts
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Dallas Federal Reserve (Fed) Bank President Lorie Logan said on Friday that there is no urgency to cut interest rates, and while there has been “tremendous progress” on bringing down inflation, she wants further evidence on inflation to confirm the progress is durable.
The US Dollar Index (DXY) is trading lower on the day at 104.01, as of writing.
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