A post by @FirstSquawk on X.
LOGAN: INFLATION IS RISING SIGNIFICANTLY ABOVE THE 2% TARGET; LABOR MARKET REMAINS BALANCED, WITH A SLIGHT TIGHTENING.
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Dallas Fed President Lorie Logan said inflation is running significantly above the 2% target while the labor market remains balanced with a slight tightening. The remarks signal persistent price pressures that could keep the central bank cautious about easing policy. Traders will watch upcoming inflation and employment data, along with further Fed commentary, for clues on the rate path.
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Logan, Federal Reserve