Fed’s Logan Calls for ’50 Bps or More’ in Rate Hikes
14 Articles
14 Articles
"Additional increases will reverse the Committee's risk management cuts last fall," said Lorie Logan, anticipating at least another 50 base points of increases. Shooting in sovereign Yields can help the Fed cool down the economy," he continued.
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
Dallas Federal Reserve (The Fed) President Lorie Logan said that United States (US) inflation remains above the central bank's annual target.
Logan stated that monetary policy needs to be tightened in order to bring inflation under control permanently. His current predictions suggest the Fed will raise its policy rate by at least another 50 basis points...
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