Svmuu News: Federal Reserve official Logan stated that the Fed should raise interest rates to combat high inflation. June inflation data showed that price increases were slowing, but not enough to convince her that inflation was back on track toward the Fed’s 2% target. Logan noted that the June CPI data suggest inflation may return to the target level, presenting a more optimistic outlook, but that this path remains fragile. She currently believes that a moderate increase in interest rates would help better balance the outlook and risks.