On May 20, Dallas Fed President Logan stated that the Federal Reserve should consider strengthening mechanisms to more effectively prevent monetary market interest rates from soaring during market stress.
In a prepared speech for the Atlanta Fed's 2025 Financial Markets Conference, Logan again called for encouraging more banks to use the discount window and centralizing standing repurchase facility (SRF) operations.
Logan also pointed out that the Federal Reserve should focus on broader market interest rates, not just the federal funds rate. "In my view, rate control is not just about maintaining the federal funds rate within the target range," she said. (Jinshi)
