More from Fed's Logan on recession prospects - its possible its different this time

Federal Reserve Federal Reserve The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the Read this Term Bank Dallas branch head President Lorie Logan, from the Q&A session following her earlier speech (post on that is linked below)

• achieving price stability will require labor market loosening, how much is highly uncertain
• if we find unemployment rate goes up, historically that comes with a recession, but possibly different this time
• the better data we have seen on inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term ios welcome news
• would want to see a lot more to make us confident of a shift in the inflation trend
• would also want to see easing in labor market to be confident that the trend in inflation is sustainable
• I am also focused on financial conditions
• once have stopped raising rates the risks will still be two-sided. May need to raise rates again depending on data
• balance sheet reductions are in the background and separate from the interest rate tool
• decision on balance sheer reductions won't intersect with decision on Fed policy rate

Earlier from Logan:

• Fed's Logan says she supports slowing pace of rate hikes at this next upcoming meeting

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2023 Federal Open Market Committee (FOMC) meetings: