The president of the Federal Reserve of Dallas, Lorie Logan, adopted a cautiously balanced tone in previous statements, recognizing both the persistent inflationary pressures and the growing uncertainty of the market.
Outstanding statements
- Despite uncertainty and volatility in financial markets, the US economy is resilient.
- The labor market remains stable.
- Inflation is still something above the objective.
- The risks are balanced on both sides of the mandate.
- If tariffs change inflation expectations, that would be significant.
- Market volatility and uncertainty could cause homes and companies to retract.
- Monetary policy is well positioned to wait and be patient.
- Well positioned to act if the risks materialize.
- The key risk is whether the highest short -term inflation expectations are rooted.
- Our task is to ensure that inflation is not persistent.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
