Federal Reserve's Logan: The Fed Should Strengthen Interest Rate Control Mechanism
According to ChainCatcher, as reported by Jinshi, Dallas Fed President Logan stated that the Federal Reserve should consider strengthening mechanisms to more effectively prevent money market rates from soaring during times of market stress.
In a speech prepared for the Atlanta Fed's 2025 Financial Markets Conference, Logan once again called for encouraging more banks to use the discount window and to centralize the clearing of Standing Repo Facility (SRF) operations.
Logan also pointed out that the Federal Reserve should focus on broader market rates, not just the federal funds rate. She said, "In my view, rate control is not just about keeping the federal funds rate within the target range."
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