- Analytics
- News and Tools
- Market News
- Fed’s Logan: Gradual rate cuts on the cards if economy meets forecasts
Fed’s Logan: Gradual rate cuts on the cards if economy meets forecasts
Federal Reserve Bank of Dallas President Lorie Logan argued on Monday that she anticipates further interest rate cuts by the Fed. She also indicated there are no obstacles to continuing the Fed's balance sheet reduction.
Key Quotes
Expects gradual rate cuts if economy meets forecasts.
Fed will need to be nimble with monetary policy choices.
Economy is strong and stable.
Sees downside risk to job market, ongoing risks to inflation goal.
Balance sheet cuts and rate cuts working in same direction.
Balance sheet drawdown part of policy normalization.
Liquidity still abundant in money markets.
Not surprised there’s some money market volatility.
Fed should tolerate some money market volatility.
Expects money markets close to or just above interest on reserves rate.
Over time wants ‘negligible’ balances in reverse repo facility.
Fed could change reverse repo rate if cash doesn’t leave facility.
Selling Fed owned mortgage bonds not current issue.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
