Dallas Fed President Supports September Rate Cut Decision

According to Odaily, Dallas Federal Reserve President Lorie Logan, who is a voting member of the Federal Open Market Committee (FOMC) for 2026, has expressed support for the Federal Reserve's decision to lower interest rates in September. Logan highlighted that there are still significant uncertainties regarding the economic outlook. She noted the considerable risk that inflation could remain above the 2% target for an extended period. Logan emphasized a preference for a more gradual approach to returning to normal interest rate levels.