Logan: U.S. Treasury Market Performing Well, Fed Needs to Strengthen Support Tools
Dallas Fed President Logan stated at the Dallas Fed Bank funding conference that the U.S. Treasury market is performing "very well," and banks have improved their ability to access emergency funds over the past three years. Despite experiencing several rounds of interest rate fluctuations, Logan believes the Fed still needs to take measures to strengthen its support tools for market operations and emergency fund access. He pointed out that in an economic environment that requires tightening policies, the FOMC should act cautiously to avoid unnecessary economic stimulus while reinforcing market support tools.
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