Fed’s Logan: The US economy remains resilient

Source Fxstreet

The President of the Federal Reserve Bank of Dallas, Lorie Logan, struck a cautiously balanced tone in earlier remarks, acknowledging both persistent inflation pressures and rising market uncertainty.

Key Quotes

  • Despite uncertainty and financial market volatility, the US economy is resilient.
  • The labour market remains stable.
  • Inflation is still somewhat above target.
  • Risks are balanced on both sides of the mandate.
  • If tariffs change inflation expectations, that would be significant.
  • Market volatility and uncertainty could cause households and businesses to pull back.
  • Monetary policy is well positioned to wait and be patient.
  • Well-positioned to act if risks materialise.
  • Key risk is if higher short-term inflation expectations become entrenched.
  • Our job is to ensure inflation doesn't become persistent.


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