[Federal Reserve's Logan: Keeping Rates Unchanged in December May Be More Appropriate] Lorie Logan, President of the Federal Reserve Bank of Dallas, stated that maintaining interest rates unchanged at the Federal Reserve's December meeting might be more appropriate to avoid the scenario of having to raise rates again after excessively loosening policy. Speaking at an event in Zurich, Logan noted that unless there is clear evidence showing inflation will accelerate its decline or the labor market will cool rapidly, she finds it difficult to support another rate cut in December. She emphasized that in the absence of clear evidence for further easing, keeping rates stable helps better assess the current degree of policy tightening and avoids unnecessary financial and economic volatility caused by erroneous rate cut decisions.
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