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via finance.yahoo.comEconomy

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…

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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
  1. 01Dallas Fed President Lorie Logan calls for at least two more 25bp hikes.
  2. 02Logan spoke at a November 10 energy conference.
  3. 03The Fed raised rates 25bp in September and held them steady in October.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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