Fed's Logan: 2% inflation not necessary for FOMC rate cuts

Gold Finance reports that Fed's Logan said the choice in 2025 could come down to resuming rate cuts “as soon as possible” or keeping rates unchanged “for quite some time”. If the U.S. job market deteriorates, the Fed could cut rates. A strong labor market could mean a near-neutral policy rate. 2% inflation is not a necessary condition for the FOMC to cut rates. Major central banks must anchor inflation expectations. Changes in trade policy may continue to impact the economy.