On February 17, Lorie Logan, a 2026 FOMC voter and president of the Dallas Fed, urged policymakers to remain cautious in the coming months, reiterating that falling inflation will not necessarily prompt further rate cuts.

“Even if we get better data and it does look like (inflation) is close to 2%, I think we should be cautious,” Logan said in a moderated discussion in California last Friday. “Because if the labor market and the overall economy are strong, even in this environment, it doesn’t necessarily mean there’s room for further rate cuts.”

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