A post by @DeItaone on X.
*LOGAN: AT LEAST TWO ADDITIONAL 25 BP RATE INCREASES NEEDED
@DeItaone on X
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Dallas Fed President Lorie Logan said at least two more 25 basis-point rate increases are needed, and flagged the possibility of faster hikes this winter. The remarks point to a policy rate at least 50 bp higher than current levels, keeping pressure on rate-sensitive assets. Traders will watch upcoming inflation and labor data, plus guidance from other Fed officials, for confirmation of the pace and terminal rate.
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Lorie Logan, Federal Reserve