TREE NEWS update: Dallas Fed President Lorie Logan, a 2026 FOMC voter, said she still expects the Federal Reserve to raise rates at least twice more by 25 basis points each, though it can move gradually to let households, businesses and markets adjust. In remarks prepared for an event in Davidson, North Carolina, Logan said skipping one meeting would not change the endpoint of monetary policy, and that after the two hikes the Fed should pause to assess economic and financial developments.
Fed’s Logan Still Expects at Least Two More 25bp Rate Hikes
AI take
Logan's willingness to front-load guidance on a pause after two more hikes matters more than the hikes themselves: it signals a Fed trying to separate the destination from the path, so a skipped meeting reads as calibration rather than a shift in the endpoint. As a 2026 voter her voice carries weight on the committee's forward framing, and the emphasis on gradualism to let households, businesses and markets adjust is a tacit acknowledgment of transmission lags. The open question is whether other officials echo the two-hike-plus-pause structure or treat it as one voice among many.
Generated by AI for reference only.
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