Logan, president of the Federal Reserve Bank of Dallas, proposed strengthening market-support tools at a meeting to ensure market stability. His comments emphasized consistency with monetary policy.
The president of the Federal Reserve Bank of Dallas proposed strengthening market-support tools at a meeting hosted by the bank and indicated that consistency with monetary policy was a priority.
He said that the US Treasury market was functioning "extremely well" despite periods of interest-rate volatility, and noted that banks had also been in a certain position over the past three years.