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Fed's Logan: Excess Inflation Is Unacceptable; Clear Fed Needs At Least Two More 25bp Rate Hikes

UTC

  • May Be Possible To Raise Rates More Rapidly This Winter Than Fed Has Moved So Far
  • After Two More Hikes, It Would Make Sense To Pause And Assess What Further Action May Be Appropriate
  • Fed Policy Rate Is At Least 50bps Below A Modestly Restrictive Level

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