Fed's Logan: FOMC needs to remain flexible and make adjustments when necessary
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Odaily Odaily: Fed's Logan said that if the economy develops as I currently expect, then gradually lowering the policy rate to a more normal or neutral level can help manage risks and achieve our goals. However, any number of shocks may affect this path to normalization, including the speed of policy adjustments and the level at which interest rates should stabilize. In my opinion, the FOMC needs to remain flexible and make adjustments when necessary. (Jinshi)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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