{
  "id": 11345485,
  "title": "Fed's Logan calls for '50 bps or more' in rate hikes",
  "url": "https://urgent.news/2026/10/02/feds-logan-calls-for-50-bps-or-more-in-rate-hikes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T02:49:00.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/10/1545980/feds-logan-calls-50-bps-or-more-rate-hikes"
  },
  "original_language": "en",
  "account": "The US Federal Reserve may require a further increase of 50 basis points in interest rates to achieve a modestly restrictive monetary policy and bring inflation closer to its 2.0% target, according to Dallas Federal Reserve President Lorie Logan. The Fed's recent quarter-point rise in the policy rate to the current range of 3.75% to 4.00% marks an important initial step in tightening policy, Logan stated in remarks prepared for Texas business executives and community leaders. However, she believes the target range should rise by an additional 50 basis points or more to effectively balance the dual mandate goals of price stability and economic growth. Logan emphasized the need to restore price stability, noting that while inflation is falling due to fading transitory factors, it is unlikely to drop much below 2.5% without additional rate hikes. The higher long-term bond yields observed recently signal market expectations of robust economic growth and a more aggressive Fed policy rate, but could also stem from elevated term premiums, which may slow the economy and reduce the urgency to tighten monetary policy further. Logan stressed that the precise level of the policy rate needed to induce some restriction remains uncertain and may evolve based on changing financial conditions. She pledged to continue monitoring labor markets, prices, growth, consumption, and financial conditions to determine when policy measures become restrictive.",
  "summary": "WASHINGTON: The US central bank will need to raise short-term borrowing costs by at least another half of a percentage point to turn monetary policy “modestly restrictive” and get inflation back on track to the Federal Reserve’s 2.0 per cent goal, Dallas Fed President Lorie Logan said on Thursday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Dallas Fed's Logan estimates at least two more 25-bp rate hikes are needed",
        "url": "https://urgent.news/2026/10/01/dallas-feds-logan-estimates-at-least-two-more-25-bp-rate-hikes-are",
        "published": "2026-10-01T23:28:32.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Fed’s Logan calls for ’50 bps or more’ in rate hikes",
        "url": "https://urgent.news/2026/10/01/feds-logan-calls-for-50-bps-or-more-in-rate-hikes",
        "published": "2026-10-01T23:36:34.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Fed’s Logan: Policy rate must increase by additional 50 bps or more",
        "url": "https://urgent.news/2026/10/01/feds-logan-policy-rate-must-increase-by-additional-50-bps-or-more",
        "published": "2026-10-01T23:40:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}