Fed Dallas President Logan Opposes Rate-Cut Guidance

Dallas Fed President Lorie Logan dissented from FOMC statement, warning against forward guidance implying a rate cut.
She supported keeping the policy rate target steady at 3.5%‑3.75% amid two‑sided risks and uncertain inflation outlook.
Logan noted stable job market but expressed growing concern about bringing inflation back to the 2% target.
She joined two other regional Fed presidents in voting against language suggesting the next move would be a rate cut.