Lorie Logan, President of the Federal Reserve Bank of Dallas, stated that the Federal Open Market Committee likely needs to implement at least two more quarter-point interest rate increases to address inflation.
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Lorie Logan, President of the Federal Reserve Bank of Dallas, stated that the Federal Open Market Committee likely needs to implement at least two more quarter-point interest rate increases to address inflation.
Further rate hikes could tighten monetary policy, impacting borrowing costs and potentially slowing economic growth amid inflation concerns. The post Fed needs at least two more rate hikes, says Logan appeared first on Crypto Briefing.
Bloomberg reported the story as "Fed Needs to Raise Rates at Least Two More Times, Logan Says."
2 sources have covered this story, including Bloomberg and Crypto Briefing. The earliest reporting in the cluster landed about 5 hours ago.
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Who carried it, in order
- FirstCrypto BriefingNov 10, 10:58 AM ET · United StatesCenter
- +38mBloombergNov 10, 11:36 AM ET · United StatesCenter
Claim ledger
[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.