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Fed's Logan calls for rate hikes of 50 basis points or more
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 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.
Why now: Her hawkish comments land amid intense debate over the size of upcoming Fed rate hikes and their impact on markets.
Lorie LoganFederal ReserveDallas Fed
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