Fed’s Logan:
- I’m not fully convinced we are on a path all the way to 2%
- Policy is well positioned to deal with risks
- Worried about demand outstripping supply
- Is cautiously optimistic that economy on path for a return to target
- One of the biggest uncertainties is the tech sector
- On the labor side, doesn’t look like AI is displacing workers
Logan has been a hawk and if anything, she’s less hawkish here.
This article was written by Adam Button at investinglive.com.