Fed's Logan (2026 voter, hawkish dissenter) says risks to inflation are to the upside and 'solid' job market is strengthening a bit; Would have preferred 25bps hike to better balance outlook and risks

Says monetary policy is not restraining economy and 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. Modest Fed action in the near term would reduce likelihood of needing sharper action later.