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Fed's Logan Says Risks To Inflation Are To The Upside, 'Solid' Job Market Is Strengthening A Bit; Monetary Policy Is Not Restraining Economy, Inflation Not On Course To 2% Goal; Without Any Policy Restraint, Inflation Will Likely Continue To Trend Above Target Until There's An Unanticipated Shock; Would Have Preferred Quarter-point Rate Increase To Better Balance Outlook And Risks; Modest Fed Action In The Near Term Would Reduce Likelihood Of Needing Sharper Action Later
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