President and CEO, Federal Reserve Bank Of Dallas
Search every verified Lorie Logan interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In recent appearances, Lorie Logan, President and CEO of the Federal Reserve Bank of Dallas, expressed concern that inflation remains too high and is taking longer than expected to return to the Federal Open Market Committee’s (FOMC) 2% target. At a May 2026 event at the University of Texas at El Paso, Logan stated that underlying inflation appears to be closer to 2.5% or the mid-2% range, and that monetary policy may be “neutral or perhaps even a bit loose” rather than restrictive. She noted that the labor market is “stable” and “balanced,” with an unemployment rate of 4.3%, and that wage growth is occurring in sectors like construction due to data center development. Logan also said she is “increasingly concerned that higher interest rates could be necessary later this year to fully restore price stability.” At the Eleventh District Banking Conference in April 2026, Logan reiterated that inflation is “trending in the wrong direction” with “further upside risks,” and that she supported the FOMC’s decision to keep interest rates steady. She emphasized the importance of restoring price stability, stating that “stable inflation is the bedrock for a strong economy.” Logan also discussed the banking system, advocating for reducing banks’ need for reserves by shifting the demand curve inward rather than returning to scarce reserves, noting that U.S. dollar reserves are the “safest, most liquid asset in the world.” She highlighted the need for transparency and oversight in fast-growing areas of capital markets, such as private credit, due to limited transparency and potential vulnerabilities.
“Looking first at inflation, it's just taking too long to return to the FOMC's 2% target. The FOMC measures inflation with the price index for personal consumption expenditures or PCE. PCE inflation surged past 7% in the aftermath of the pandemic. It's come down meaningfully since then, yet it still ran close to 4% over...”
“These conditions indicate to me that monetary policy is not restraining the economy. I'm increasingly concerned that higher interest rates could be necessary later this year to fully restore price stability and appropriately balance both sides of the Fed's dual mandate.”
“Look, as I said in my remarks, when I look at inflation on the inflation side, it's too high. It's trending in the wrong direction and I see further upside risks. On the labor side, I see that as stable. And on the growth side, growth is very solid.”
“I'm just not sure that policy is very restrictive. It's to me it looks neutral or perhaps even a bit loose. And you know, in order to return inflation all the way to our 2% target, as I said, you know, if I look at a variety of measures, I think underlying inflation looks closer to two and a half, mid-2s to me than it...”
... how fast policy should move and where rates should ultimately settle," Federal Reserve Bank of Dallas President Lorie Logan ...
Lorie Logan of Federal Reserve Bank of Dallas gives her keynote speech a the ECB Money Markets Conference, 2023.
Federal Reserve Bank of Dallas President Lorie Logan says inflation appears to be trending more toward 3% than 2% during a ...
"If term premiums rise, they could do some of the work of cooling the economy for us, leaving less need for additional monetary ...
Federal Reserve Bank of Dallas President Lorie Logan outlines what she's monitoring in the economy to show the Fed has made ...
Thank you for that kind introduction, Dean Quddus. It's a pleasure to be with you all this morning, and it's so good to be here at ...
NYU Stern's Center for Global Economy and Business and the Volatility & Risk Institute co-hosted a fireside chat with Lorie K.... our speaker, Lorie Logan, executive vice president at the Federal Reserve Bank of New York, and manager of the system open ...
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