By Ann Saphir Oct 30 (Reuters) - The Federal Reserve needs to raise rates at least two more times to get inflation under control, Dallas Fed President Lorie Logan said on Friday, in some of the most explicit rate guidance offered by a US central banke...
The president of the Dallas Federal Reserve (Fed) district, Lori Logan, said that interest needs at least two more 0.25 percentage point increases before the central bank can interrupt the monetary tightening cycle. According to her, the break in a meeting does not alter the ultimate goal of making monetary policy moderately restrictive to bring inflation back to the goal and preserve full employment. Exclusive material for subscribers. To have …