Fed's Logan: Important to keep tariff-related price rises from fostering inflation ...Middle East

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Feds Logan: Important to keep tariff-related price rises from fostering inflation
For now, stance of Fed policy is well positionedHigher-than-expected tariffs would very likely raise both unemployment and inflationSustained burst of inflation could lead to rise in inflation expectationsInflation persistence will depend on how quickly companies pass through cost increases, and if long-term inflation expectations remain well anchored

Logan is a hawk so I wouldn't expect her to push for rate cuts. That said, she isn't exactly banging the drum for holding or hiking.

This article was written by Adam Button at www.forexlive.com.

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