The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation, Dallas Federal Reserve President Lorie Logan said on Wednesday. After having made "a great deal of progress" in bringing down inflation from 40-year highs,

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

The Federal Reserve’s Open Market Committee (FOMC) did the expected, cutting the federal funds rate by  0.25%. That means the rate paid by banks will fluct

After having made "a great deal of progress" in bringing down inflation from 40-year highs, Logan said in remarks prepared for delivery to an energy conference at the Dallas Fed, "I anticipate the FOMC will most likely need more rate cuts to finish the ...

Federal Reserve Bank of Dallas President Lorie Logan said while more interest-rate cuts are likely needed, policymakers should move at a slow pace given uncertainties about how restrictive monetary policy currently is.