Fed’s Logan Calls for 50bp or More of Additional Hikes, but Says Higher Yields Could Do Some Work

Dallas Fed President Lorie Logan said on October 1 that US policy rates likely need to rise at least another 50bp to become “modestly restrictive” and put inflation more firmly on course toward the Fed’s 2% target. Speaking in prepared remarks to Texas business executives and community leaders at the Dallas Fed headquarters, Logan called […]

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