Fed's Logan warns of at least two more quarter-point hikes this winter
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Federal Reserve Bank of Dallas President Lorie Logan is calling for at least two additional quarter-percentage-point interest rate hikes, warning that stubborn inflation could force policymakers to accelerate tightening this winter. Her…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA hawkish Fed stance weighs on tech valuations, borrowing costs and corporate earnings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Dallas Fed President Lorie Logan calls for at least two more 25bp hikes.
- 02Logan spoke at a November 10 energy conference.
- 03The Fed raised rates 25bp in September and held them steady in October.
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