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Fed's Logan: My base case is that we'll need to keep interest rates modestly restrictive for some time
Dallas Fed's Lorie Logan: "My base case is that we'll need to keep interest rates modestly restrictive for some time"
— Nick Timiraos (@NickTimiraos) July 15, 2025
But "it's also possible that some combination of softer inflation and a weakening labor market will call for lower rates fairly soon." pic.twitter.com/KEBbeLEEK1
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Logan: Opening remarks for moderated conversation at the World Affairs Council of San Antonio
Thank you, Armen [Babajanian]. Thank you all for having me. I’d like to begin by offering my deepest condolences to all those who lost loved ones in the catastrophic flooding in the Texas Hill Country earlier this month. The loss of life is heartbreaking—especially, for me as a parent, the deaths of so many children. I take inspiration, though, from the heroism of first responders and residents who stepped up to help and from how communities across the area have rallied to support our neighbors. These actions show the true character of Texas. It’s a pleasure to visit the World Affairs Council of San Antonio ... (full story)
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