Fed’s Logan Calls for ’50 Bps or More’ in Rate Hikes
12 Articles
12 Articles
Fed’s Logan calls for ’50 bps or more’ in rate hikes
By Ann Saphir Oct 1 (Reuters) - The US central bank will need to raise short-term borrowing costs by at least another half of a percentage point to turn monetary policy "modestly restrictive" and get inflation back on track to the Federal Reserve's 2...
Fed's Logan Says More Hikes Needed, But Bond Moves Could Help
Logan stated that monetary policy needs to be tightened in order to bring inflation under control permanently. His current predictions suggest the Fed will raise its policy rate by at least another 50 basis points...
Dallas Fed President Lorie Logan said that interest rates need to be raised by at least another 50 basis points to bring inflation in the U.S. down to the 2 percent target. Logan also indicated that rising bond yields could influence how much additional tightening the Fed will need.
Dallas Fed President Lorie Logan said that interest rates need to continue being raised to bring inflation completely under control.
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