Dallas Fed

The Federal Reserve Bank of Dallas held a moderated conversation as part of its Voices of the Eleventh District series, with opening remarks delivered by a bank representative. The series typically brings together community, business and policy voices from the Eleventh Federal Reserve District, which covers Texas and parts of Louisiana and New Mexico, to discuss economic conditions facing the region.

Federal Reserve official Lorie Logan has called for interest rate increases of 50 basis points or more, signaling support for aggressive monetary tightening to combat inflation. The remarks from the Dallas Fed president add to debate over how far and fast the central bank should raise rates, with markets and economists watching closely for hints about the pace of future policy moves.

Dallas Federal Reserve President Lorie Logan said more interest rate increases are likely needed to bring inflation back to target, while suggesting that recent movements in bond markets, if they tighten financial conditions, could do some of the Fed's work. Her remarks highlight the central bank's ongoing debate over how much further to tighten policy.

Dallas Federal Reserve President Lorie Logan said interest rates need to rise by at least 50 basis points or more to effectively cool inflation. She pointed to the recent surge in US Treasury yields as part of the market context for her argument. Her comments put her among the more hawkish voices at the Fed and are drawing attention from investors watching the central bank's next policy moves.

The Federal Reserve Bank of Dallas has scheduled releases of its business surveys covering the manufacturing, service and energy sectors, as listed in the Dallas Morning News business datebook. The surveys are closely watched indicators of economic conditions in Texas and the surrounding region, informing businesses and analysts about hiring, prices and outlook across key local industries.