Core Viewpoint - The Dallas Fed President Logan emphasized the need for the Federal Reserve to improve its communication regarding interest rate paths and economic outlooks [1] Group 1: Communication Improvements - The Federal Reserve should explore ways to avoid overemphasizing median forecasts while acknowledging the diversity of opinions in economic projections [1] - There is a need to better convey the Fed's response mechanisms under different economic scenarios [1] Group 2: Policy Description - Logan suggested that the Fed should reconsider how it describes its balance sheet and whether the current method of using "interest rate ranges" remains optimal for communicating policy rate targets [1]