Fed's Logan says monetary policy is in a good place for now ...Middle East

Risks to employment, inflation goals ‘roughly balanced’For now, monetary policy is in a good placeCould take ‘quite some time’ to see shift in balance of risksIf balance shifts, Fed is well prepared to respondLabor market strong, inflation trending gradually to 2%

No sign here from Logan of any imminent rate cut from the Fed.

This article was written by Eamonn Sheridan at www.forexlive.com.

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