More from Feds Logan: It is important to stay focused on restoring price stability
<ul><li>There is a lot of uncertainty over the trade-off with the unemployment rate</li><li>It is important to stay focused on restoring price stability</li><li>The China slowdown is something to watch</li><li>Surprising strength of the economy creates risk for inflation. We have more work to do.</li><li>Quite a bit of room for Fed balance sheet run off</li><li>Financial conditions tightening have been rapid but orderly</li><li>She has been thinking about how to square overall economy with Fed tightening so far</li><li>Tends to think that monetary policy lags are shorter than others</li><li>The bulk of economy is adjusting more quickly to monetary policy</li><li>Fed's focus and mine is the 2% inflation target</li><li>Looking at financial markets and performance of economy, the long-term neutral rate may be higher</li><li>Have seen tightening of bank lending standards, similar to what we expect and intend with policy tightening</li></ul><p>Logan is considered a hawk on the Federal Reserve. She is a voting member on the Federal Reserve board in 2023.</p>
This article was written by Greg Michalowski at www.forexlive.com.
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