Fed’s Logan Sees Two More Hikes, But Says Pace Can Be Gradual

Lorie Logan, President of the Federal Reserve Bank of Dallas, anticipates at least two additional quarter-percentage-point interest rate increases to manage inflation but emphasized that the pace can be slow to help various sectors adjust. This gradual approach is intended to mitigate the impact on households, businesses, and markets. Such a stance highlights the Fed's commitment to balancing economic growth and controlling inflation without causing abrupt disruptions. For more details, check out the full article on Bloomberg.