Fed’s Logan signals at least two rate hikes this winter to curb inflation

Dallas Fed President Lorie Logan signaled at least two additional rate hikes this winter as the central bank works to curb inflation. The guidance points to a more aggressive tightening path than markets had anticipated, with higher borrowing costs likely to weigh on consumer spending and economic growth. The stance matters for risk assets, including crypto, because tighter financial conditions typically reduce liquidity and pressure valuations across markets. Investors will watch upcoming Fed communications and inflation data for confirmation of the pace and size of the winter hikes.