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Fed’s Logan Calls for Two More Hikes as Officials Warn Inflation Risks Are Becoming Entrenched

Fed’s Logan Calls for Two More Hikes as Officials Warn Inflation Risks Are Becoming Entrenched

Dallas Fed President Lorie Logan called for at least two additional 25bps interest rate hikes, warning that policymakers may need to accelerate tightening this winter to prevent persistent inflation from becoming entrenched. Speaking at an energy conference on Tuesday, Logan said, “It remains clear to me, given the current outlook, that the FOMC needs to […] The post Fed’s Logan Calls for Two More Hikes as Officials Warn Inflation Risks Are Becoming Entrenched appeared first on ActionForex.

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