Fed's Logan: Underlying Inflation Above 2% Before Energy Price Surge -- Market Talk
Dow Jones05-01 23:39
1139 ET - To forecast where headline inflation is headed, Dallas Fed President Lorie Logan says she looks to measures that strip out extreme price changes or categories where prices are more volatile in a statement. Incoming Fed chair Kevin Warsh has also argued that the Fed should pay more attention to an alternative measure of inflation, "trimmed-mean" metrics that exclude categories with the biggest price swings. However, Logan adds that even before recent increases in the prices of energy and other commodities, those measures were running meaningfully above 2%. (jessica.coacci@wsj.com)
(END) Dow Jones Newswires
May 01, 2026 11:39 ET (15:39 GMT)
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