Logan Says Fed Needs at Least Two More Rate Hikes
Dallas Fed President Lorie Logan said the Fed needs to raise rates at least two more times to get inflation under control.
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05:42:56 PM UTC
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By Jessica CoacciThe Federal Reserve needs to implement at least two more 25-basis-point rate increases given the current economic outlook after the Fed voted to hold interest rates steady this week, according to Dallas Fed President Lorie Logan.Without any monetary-policy restraint, inflation will…
By Ann SaphirThe 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 banker since Fed Chairman Kevin Warsh took the helm in May."It remains cl…