THE US FEDERAL RESERVE MAKES IMPORTANT STATEMENTS ON MONETARY TIGHTENING AND QUANTITATIVE EASING
Lori Logan, President of the Dallas Federal Reserve, expects the central bank to cut interest rates in the future.
She believes the Fed should continue reducing its balance sheet.
If the economy behaves as expected, lowering interest rates gradually will help manage risks and meet the Fed's goals.
She shared these views in a speech at a major financial industry event in New York.
