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Dallas Fed's Logan: 'More Gradual Path' On Rate Cuts Likely Appropriate From Here; Upside Risks To Inflation Mean Fed Should Not Rush To Reduce Rates; Continue To See A Meaningful Risk Inflation Could Get Stuck Above Fed's 2% Goal; Lowering Policy...

Benzinga ·  Oct 9 09:17

Dallas Fed's Logan: 'More Gradual Path' On Rate Cuts Likely Appropriate From Here; Upside Risks To Inflation Mean Fed Should Not Rush To Reduce Rates; Continue To See A Meaningful Risk Inflation Could Get Stuck Above Fed's 2% Goal; Lowering Policy Rate Gradually Would Allow Time To Judge How Restrictive Monetary Policy May Or May Not Be; Normalizing Policy Gradually Also Allows Fed To 'Best Balance' Labor Market Risks; Policy Not 'Preset,' Fed Must Remain Nimble

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