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Fed's Logan says she supports slowing pace of rate hikes at this next upcoming meeting

Fed's Logan says she supports slowing pace of rate hikes at this next upcoming meeting

Federal Reserve Bank, Dallas President Lorie Logan says she wants a 25bp rate hike, not 50, at the January 31 / February 1 Federal Open Market Committee (FOMC) meeting.

  • Need to be flexible, robust
  • Not helpful at this time to lock in peak rate or precise rate path
  • Says she supports slowing rate hike pace further at fed's upcoming meeting
  • If slower rate hike pace eases financial conditions, can offset that by gradually raising rates to a higher level than pr... Read More
Posted: Jan 18 2023, 22:07
Author Name: forexlive
Views: 092165

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