Fed’s Logan: Tight financial conditions crucial to steer inflation back to target

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<p>At a Fed conference overnight, Dallas Fed President Lorie Logan said that inflation appears to be &#8220;trending toward 3%&#8221;, a figure still above the 2% target. Despite a cooling labor market, Logan highlighted that it remains &#8220;too tight,&#8221; implying that the job market&#8217;s strength could continue to put upward pressure on wages and, consequently, inflation. [&#8230;]</p>
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