A post by @FirstSquawk on X.
LOGAN SUGGESTS THAT AFTER TWO MORE INTEREST RATE INCREASES, A PAUSE TO EVALUATE FURTHER ACTIONS WOULD BE LOGICAL; HIGHER BOND RATES INDICATE THAT MONETARY POLICY STILL REQUIRES ADJUSTMENTS, RATHER THAN BEING A SEPARATE BOOST FOR ECONOMIC…
@FirstSquawk on X
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Dallas Fed President Lorie Logan said two more interest rate increases followed by a pause to assess conditions would be a logical path for monetary policy. She argued that rising bond yields show policy still needs tightening rather than acting as an independent boost to economic activity. The remarks point to continued rate hikes in the near term, with a possible pause afterward. Investors will watch upcoming Fed communications and bond market moves for confirmation of how far the tightening cycle will extend.
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Lorie Logan, Federal Reserve