Add Axios as your preferred source to
see more of our stories on Google.
Dallas Federal Reserve president Lorie Logan speaks at a conference in Texas last year. Photo: Desiree Rios/Bloomberg via Getty Images
With a steady labor market and still-high inflation, two Federal Reserve officials are on the record this week noting that the next rate move might be up, not down.
What they're saying: In a speech Wednesday in El Paso, Dallas Fed president Lorie Logan said that consumer spending remains robust, corporate earnings are "going gangbusters" and the AI investment was continuing to boom.
