Inflation Fell More Than Expected In June, But a Fed Member Said Interest Rates Should Be 'Modestly' Higher

Source: International Business Times

Dallas Federal Reserve President Lorie Logan said interest rates should be "modestly" higher to help inflation return to the 2% goal. AFP Dallas Federal Reserve President Lorie Logan said interest rates should be "modestly" higher to help inflation return to the 2% goal. Logan, who is a voting member in the Federal Open Market Committee this year, said inflation is still an issue for U.