Fed’s Logan: At Least Two More 25bps Rate Hikes Needed

Cointime update: Federal Reserve Bank of Dallas President Lorie Logan said on November 10 that the Fed needs at least two more 25-basis-point rate hikes, and that policy could then pause for assessment. She said the policy rate is at least 50 basis points below a moderately restrictive level, and warned that broad price pressures may persist beyond wartime energy disruptions and tariffs.