The Dallas Fed president said the central bank still has work to do in achieving its goal for price stability.
Dallas Fed President Lorie Logan said Thursday that the data points so far don't justify skipping a rate hike in June.
Lorie K. Logan, the newly appointed Federal Reserve Bank of Dallas president and chief executive, is pictured in this undated handout image, obtained on May 11, 2022.Dallas Federal Reserve President Lorie Logan said Thursday that the economic data points so far don't justify skipping a rate increase at the central bank's next meeting in June.
Market pricing indicates an expectation that the Fed will hold the line at its June 13-14 meeting, pausing a rate-hiking cycle at began in March 22. The
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