Fed's Logan supports slower rate hike pace, possibly higher stopping point – by anilpanchal7 Fed RiskAppetite CentralBanks NewsTrading InterestRate
Key comments
That’s why I supported the decision last month to reduce the pace of rate increases. And the same considerations suggest slowing the pace further at the upcoming meeting. The most important risk I see is that if we tighten too little, the economy will remain overheated, and we will fail to keep inflation in check.Some signs of slower labor market, but would need to see a lot more data to be convinced it is no longer overheated.Confident we have room to continue reducing balance sheet 'for quite some time'.
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