According to BlockBeats, Federal Reserve official Logan warned on May 10th about significant inflation risks. He stated that it is too early to consider rate cuts and emphasized the need for policy flexibility. Logan's comments come amid growing concerns about the potential impact of inflation on the economy. He stressed the importance of maintaining a flexible approach to monetary policy to respond effectively to these risks. Further details about Logan's statements or the Federal Reserve's plans were not provided.
Federal Reserve's Logan Cautions Against Premature Rate Cuts Amid Inflation Risks
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