Report

Fed holds rates steady as officials call for more hikes

Bloomberg reports Dallas Fed President Lorie Logan called for at least two more quarter-point hikes at a gradual pace.

The Fed held interest rates steady, but these officials see more hikes coming soon

TLDR

Following the Fed’s late-October decision to hold rates steady, MarketWatch reports two officials called for hikes in the coming months to counter inflation. Bloomberg reports three officials favored additional hikes at a gradual pace; Dallas Fed President Lorie Logan specified at least two more quarter-point increases.

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