• Speaking in opening remarks at a Fed Listens event, Dallas Fed’s Logan (’23 voter) says she is looking for “further and sustained improvement” in inflation.
  • She notes that "Over the past six weeks, I’ve also been closely watching the effects of stresses in the banking system - both on the macroeconomy and on local communities, especially here in Texas where small and midsize banks are so important," but in the opening remarks at least doesn’t go into further detail on how she sees latest developments.
  • It follows earlier bullish commentary from Fed Governor Waller (voter): "Things have kind of calmed down. We haven't seen kind of any run behavior on any other banks in the last month. Everything seems to be okay."… "That's the one thing about a bank run, it's a panic. Once it stops, there's no real fundamental damage to the economy or the banking system per se."

FED: Logan: Looking For Further and Sustained Improvement In Inflation

Last updated at:Apr-20 19:07By: Chris Harrison
  • Speaking in opening remarks at a Fed Listens event, Dallas Fed’s Logan (’23 voter) says she is looking for “further and sustained improvement” in inflation.
  • She notes that "Over the past six weeks, I’ve also been closely watching the effects of stresses in the banking system - both on the macroeconomy and on local communities, especially here in Texas where small and midsize banks are so important," but in the opening remarks at least doesn’t go into further detail on how she sees latest developments.
  • It follows earlier bullish commentary from Fed Governor Waller (voter): "Things have kind of calmed down. We haven't seen kind of any run behavior on any other banks in the last month. Everything seems to be okay."… "That's the one thing about a bank run, it's a panic. Once it stops, there's no real fundamental damage to the economy or the banking system per se."

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