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Fed Logan: It's hard to support a rate cut in December.

[Fed's Logan: It's hard to support a rate cut in December] Fed's Logan hinted again on Friday that she would oppose a rate cut in December, after previously opposing a cut in October due to concerns about high inflation, which is on the rise, and the long time it would take to reach the Fed's 2% target. “As I look ahead to the December meeting, I find it hard to support another rate cut unless we have compelling evidence that inflation is indeed falling faster than I expect, or we see the labor market not just gradually cooling,” said Logan.

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