Said@Duke: Dallas Federal Reserve Bank President Lorie Logan on Price Stability, Inflation

Speaking Friday at Duke, Dallas Fed President Lorie K. Logan said the economy has been resilient to the increases in interest rates over the past two years. She also said she is "increasingly concerned about upside risk to the inflation outlook."

"To be clear, the key risk is not that inflation might rise -- though monetary policymakers must always remain on guard against that outcome -- but rather that inflation will stall out and fail to follow the forecast path all the way back to 2 percent in a timely way." (Read her speech here.)

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