Fed's Logan says at least two more quarter-point rate hikes needed, pause would make sense

Dallas Fed President Lorie Logan says the Fed needs at least two more 25bp rate hikes, and that skipping a meeting does not change the policy destination. She says after 50bps of hikes a pause would make sense, with the end goal to make policy modestly restrictive, and calls it 'unacceptable' that inflation is not headed back to the Fed's 2% target.

Detected & updated continuously · Source: Nebula