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Fed Leaders Warn: Labor Weakness Needed for Inflation Control

10/2/2025

23 2 Full Breakdown

Summary

Story summary

Lorie Logan, president of the Federal Reserve Bank of Dallas, says the labor market may need to weaken to reach 2%.
She cautions against further rate cuts, citing need for more labor slack.
Susan Collins, Boston Fed president, would consider cuts if data supports them, citing tariff-related inflation.
She notes inflation may stay elevated into next year but gradually improves.

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Story summary

Lorie Logan, president of the Federal Reserve Bank of Dallas, says the labor market may need to weaken to reach 2%.
She cautions against further rate cuts, citing need for more labor slack.
Susan Collins, Boston Fed president, would consider cuts if data supports them, citing tariff-related inflation.
She notes inflation may stay elevated into next year but gradually improves.