New Dallas Fed Chief Puts Inflation Fight on Front Burner

Lorie Logan in her first feedback as chief of the Federal Reserve Bank of Dallas on Wednesday stated she agreed with different Fed officers that the central financial institution should focus on bringing inflation down.

“Being president of the Dallas Fed and as a policy maker, our number one priority has to be to restore price stability,” Ms. Logan stated as a part of a video on her financial institution’s web site. She didn’t, nonetheless, hyperlink that view on value pressures to particular coverage actions in remarks largely geared toward explaining how she’s going to method her management on the financial institution.