Dallas Fed President Lorie Logan expressed continued uncertainty in the economy, particularly highlighting the impact of a recent Supreme Court decision on tariffs.
Speaking at Columbia University, Logan reiterated her cautious optimism regarding the economy's path toward the Federal Reserve's 2% inflation target, though she noted she isn't fully convinced of the trajectory. She acknowledged persistent upside inflation risks and expressed concerns about economic demand potentially outstripping supply.
Logan also touched upon the tech sector as a significant source of uncertainty and mentioned that the job market's break-even point is around 30,000 jobs per month. Her remarks underscored the Fed's well-positioned policy to address mandate risks, while also noting that AI does not appear to be displacing workers.
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