Logan: The Federal Reserve should raise interest rates to address high inflation

According to Jinshi reports, Fed's Logan stated that the Federal Reserve should raise interest rates to address the high inflation issue, suggesting she may be prepared to oppose the decision to maintain interest rates later this month. Logan pointed out that the June inflation data indicates that price increases are beginning to slow, but it is not enough to convince her that inflation has returned to the Fed's 2% target path. She believes that a moderate increase in interest rates will help better balance the outlook and risks.