Free Trial

Logan: Looking For Further and Sustained Improvement In Inflation

  • Speaking in opening remarks at a Fed Listens event, Dallas Fed’s Logan (’23 voter) says she is looking for “further and sustained improvement” in inflation.
  • She notes that "Over the past six weeks, I’ve also been closely watching the effects of stresses in the banking system - both on the macroeconomy and on local communities, especially here in Texas where small and midsize banks are so important," but in the opening remarks at least doesn’t go into further detail on how she sees latest developments.
  • It follows earlier bullish commentary from Fed Governor Waller (voter): "Things have kind of calmed down. We haven't seen kind of any run behavior on any other banks in the last month. Everything seems to be okay."… "That's the one thing about a bank run, it's a panic. Once it stops, there's no real fundamental damage to the economy or the banking system per se."

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.