A post by @FirstSquawk on X.

Dallas Fed President Lorie Logan said the Fed's policy rate sits at least 50 basis points below a slightly restrictive level, arguing that accommodative policy is adding to inflation pressures. She put the real fed funds rate at 78 basis points, according to the data cited. The remarks matter because they suggest the current stance may still be too loose even after prior tightening, keeping the inflation debate alive. Traders will watch upcoming inflation and labor data, along with Fed communications, for signals on whether the committee sees scope to hold rates higher for longer.