Nick Timiraos: Logan reiterated her views two weeks ago

On 31 July, Nick Timiraos, the Fed's Voicephone: Three Fed officials who supported the interest rate hike, can be said to have given more reasons than most of the FOMC members at Wednesday's statement or press conference. Logan reiterated her view two weeks ago that, after removing the recent shocks, potential inflation was close to 2.5 per cent, which in her view provided a basis for tightening policy positions。