A post by @FirstSquawk on X.
LOGAN SAYS THE FED SHOULD RAISE RATES BY AT LEAST TWO MORE QUARTER-POINTS.
@FirstSquawk on X
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Dallas Fed President Lorie Logan said the Federal Reserve should raise interest rates by at least two more quarter-point increments, signaling she favors pushing the policy rate higher than officials have so far indicated. The remarks imply at least 50 basis points of additional tightening beyond the current level, keeping the Fed's terminal rate in focus for markets. Her stance matters because it reinforces the case for a longer tightening cycle even as investors debate when the central bank will pause. Traders will watch upcoming inflation and labor data, along with commentary from other Fed officials, for confirmation that Logan's view is gaining support on the committee.
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Logan, Federal Reserve