A Federal Reserve official surprised Wall Street last week when she proposed the US central bank abandon the benchmark that’s served as its main policy tool for decades https://t.co/tInFq4S0mP
Dallas Fed President Lorie Logan is out with a speech explaining why she thinks it’s time for the Fed to transition away from targeting the fed-funds rate (a market that is a shadow of its old self) and use the tri-party general collateral rate https://t.co/ojs3HJ5BBG
In opening remarks delivered at @WorldAffairsSA, Dallas Fed President Lorie Logan said the base case is that monetary policy needs to hold tight for a while longer to bring inflation sustainably back to target.
Read the full remarks: https://t.co/nhGJHuptRn
Dallas Fed's Lorie Logan: "My base case is that we'll need to keep interest rates modestly restrictive for some time"
But "it's also possible that some combination of softer inflation and a weakening labor market will call for lower rates fairly soon."
Register Now: Join us in Dallas on July 10 for an event featuring @federalreserve Governor Chris Waller. This event will provide a valuable opportunity to engage with one of the leading voices in economic policy.
https://t.co/0MkZPKixIv
🌪️The meteorology world has lost a legend. Gary England of Oklahoma. This man saved countless lives during tornadoes, and I'm honored I worked side by side with Gary for several years. He was a pioneer in severe weather broadcasting and a trusted voice for generations of Oklahomans. Jump back and rest in peace, sir.
Watch: Join us at 2:30 p.m. CT for a Fed Listens roundtable conversation with El Paso community leaders. The discussion will focus on labor market conditions in the El Paso region and how local communities are experiencing inflation and interest rates. https://t.co/0nz2mpm1FR
Opening remarks for conversation at Greater Waco Chamber: President Lorie Logan delivered remarks on how the Federal Reserve's federated structure and monetary policy independence serve the country. https://t.co/SyCT9ppEsy
Sometimes the weather doesn’t allow you to make @Royals baseball photos. So instead you pivot, appreciate the raw power of Mother Nature and make lightning photos with The K! ⚡️⚾️👑
Dallas Fed President Lorie K. Logan delivers welcome remarks for the the Outlook for North American Trade and Immigration conference in Dallas: https://t.co/lwtrqtziDX
Another PSA for all Super Bowl visitors this week..
Jeff Duncan: Visiting New Orleans for Super Bowl? Here's everything you need to NOLA https://t.co/bLGjLjukGl