{"id":441256,"date":"2026-10-31T01:40:05","date_gmt":"2026-10-30T18:40:05","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/feds-logan-at-least-two-more-quarter-point-rate-hikes-needed-441256\/"},"modified":"2026-10-31T01:40:05","modified_gmt":"2026-10-30T18:40:05","slug":"feds-logan-at-least-two-more-quarter-point-rate-hikes-needed","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/feds-logan-at-least-two-more-quarter-point-rate-hikes-needed-441256\/","title":{"rendered":"Fed\u2019s Logan: At least two more quarter-point rate hikes needed"},"content":{"rendered":"<div>\n<p>Comments from Logan on the economy, inflation and monetary policy cross the wires:<\/p>\n<ul>\n<li>Fed needs at least two more quarter-point rate hikes.<\/li>\n<li>Skipping a meeting doesn\u2019t change policy destination.<\/li>\n<li>Adjusting policy gradually can reduce risks of sharp economic deterioration.<\/li>\n<li>Gradual policy adjustment helps households, businesses, investors adapt to higher rates.<\/li>\n<li>End goal is to make policy modestly restrictive.<\/li>\n<li>Making policy rate destination clear helps economy adapt, obtain benefits of a skip.<\/li>\n<li>\u201cUnacceptable\u201d that inflation is not headed back to Fed\u2019s 2% target.<\/li>\n<li>After 50 bps of rate hikes, a pause would make sense to determine what further action is appropriate.<\/li>\n<li>Financial conditions are providing a tailwind to the economy.<\/li>\n<li>Higher market rates a message that investors believe monetary policy has work to do.<\/li>\n<li>Long-term rates have risen, but don\u2019t represent as much as a drag on economy as might be expected.<\/li>\n<li>Economic growth is strong, consumer spending solid.<\/li>\n<li>Labor market is balanced, perhaps tightening a bit.<\/li>\n<\/ul>\n<p>Analysis: The message is hawkish, with some flexibility on the pace. Logan sees at least another 50 basis points of tightening as necessary, while leaving room to skip a meeting or pause afterward to assess the impact. For traders, the distinction is between the timing of the hikes and the eventual destination for rates. A skipped meeting would not necessarily signal that tightening is finished.<\/p>\n<p>Her economic assessment supports that bias. Growth and consumer spending remain strong, the labor market may be tightening, and financial conditions are still providing a tailwind. In her view, higher long-term yields have not created enough of a drag to remove the need for further policy action. The question after another 50 basis points would be whether policy is sufficiently restrictive to put inflation on a path back toward 2%.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Comments from Logan on the economy, inflation and monetary policy cross the wires: Fed needs at least two more quarter-point rate hikes. Skipping a meeting doesn\u2019t change policy destination. Adjusting policy gradually&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-441256","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=441256"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441256\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}