Federal Reserve Bank of Dallas President Lorie Logan expressed confidence in the current stance of U.S. monetary policy during her appearance at the Greater Waco Member Appreciation event, where she delivered opening remarks and participated in a moderated discussion.
Logan described the risks to the Federal Reserve’s dual mandate—maximum employment and stable prices—as “roughly balanced,” signaling no urgent need for policy adjustment in the near term. “For now, monetary policy is in a good place,” she said, though she acknowledged that it could take “quite some time” for a meaningful shift in the risk landscape to emerge.
She emphasized the Fed‘s readiness to respond if conditions change, reinforcing the central bank’s commitment to flexibility in its approach. Highlighting current economic trends, Logan noted a robust labor market and inflation gradually aligning with the Fed’s 2% target. However, she also pointed out that continued fiscal stimulus could further elevate demand, potentially complicating the path to price stability.
Market Reaction:
Following Logan’s comments, the U.S. Dollar Index (DXY) edged slightly lower, down 0.05% on the day at 99.30 at the time of reporting.
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