✉news BusinessBanking first seen 9 h ago, last 1 h ago, peak #14
Fed's Logan calls for 50 bps or more in rate hikes
Original: Fed's Logan calls for '50 bps or more' in rate hikes
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 comments add to debate over the size of upcoming Fed rate moves, with markets and analysts watching closely how far the central bank will go.
Why now: Her hawkish remarks land amid heightened uncertainty over the Fed's next rate decision and its impact on markets.
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