Federal Reserve Logan: It may be necessary to raise interest rates later this year

Federal Reserve's Logan said that in order to achieve the 2% inflation target, it may be necessary to raise interest rates later this year. She mentioned that the US labor market is generally balanced, artificial intelligence investment is booming, and the financial environment is still loose, but the current inflation trend has not fallen back towards the target, and monetary policy has not had a restraining effect on the economy. Logan is concerned that interest rate hikes may be necessary to restore price stability and balance the dual mission of the Federal Reserve.