Fed’s Logan Calls for ’50 Bps or More’ in Rate Hikes
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9 Articles
Fed’s Logan calls for ’50 bps or more’ in rate hikes
By Ann Saphir Oct 1 (Reuters) - The US central bank will need to raise short-term borrowing costs by at least another half of a percentage point to turn monetary policy "modestly restrictive" and get inflation back on track to the Federal Reserve's 2...
Fed's Logan Says More Hikes Needed, But Bond Moves Could Help
The US central bank will need to raise short-term interest rates by at least another half a percentage point to tighten monetary policy “somewhat” and get inflation back on track toward the Federal Reserve’s 2 percent target, Dallas Fed President Lorie Logan said on Thursday, according to Reuters.
Dallas Fed President Lorie Logan said that further interest rate increases are needed to bring inflation down to target. Logan noted that tightening in the bond market could affect the size of further increases.
Fed’s Logan Calls for 50bp or More of Additional Hikes, but Says Higher Yields Could Do Some Work - ActionForex
Dallas Fed President Lorie Logan said on October 1 that US policy rates likely need to rise at least another 50bp to become “modestly restrictive” and put inflation more firmly on course toward the Fed’s 2% target. Speaking in prepared remarks to Texas business executives and community leaders at the Dallas Fed headquarters, Logan called […]
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