US Fed's Logan calls for two more rate hikes, possibly rapidly

US Fed's Logan calls for two more rate hikes, possibly rapidly

Dallas Fed President Lorie Logan said the central bank needs at least two more quarter-point rate increases to curb persistent inflation and prevent price pressures from becoming entrenched. She suggested policymakers could accelerate the pace of tightening this winter, beginning with the Fed’s December 8-9 meeting.

Fed officials open door to a quicker round of rate hikes as inflation worsens

Fed's Logan Calls for Two More Hikes as Officials Warn Inflation Risks Are Becoming Entrenched - ActionForex

Dallas Fed President Lorie Logan called for at least two additional 25bps interest rate hikes, warning that policymakers may need to accelerate tightening this winter to prevent persistent inflation from becoming entrenched. Speaking at an energy conference on Tuesday, Logan said, “It remains clear to me, given the current outlook, that the FOMC needs to […]

Dallas Fed's Logan calls for two more 25-basis-point rate hikes

Logan's stance signals persistent inflation concerns, potentially influencing market expectations and future monetary policy decisions.