PANews
PANews|Jul 17, 2026 00:11
[Federal Reserve's Logan: Interest Rates Should Be Raised to Address Inflation] According to Jin10 reports, Federal Reserve's Logan stated that the Fed should raise interest rates to address the issue of elevated inflation—remarks that suggest she may be prepared to oppose a decision to keep rates unchanged later this month. Logan noted that the June inflation data released on Tuesday indicates a slowdown in price increases but is not sufficient to convince her that inflation has returned to the Fed's 2% target path. 'The June CPI data does indeed suggest that inflation could return to the target level, and the outlook is more optimistic,' Logan said. 'However, this path remains very fragile. At this point, I believe that a moderate increase in interest rates would help better balance the outlook and risks.'
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