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Dallas Fed's Lorie Logan urges modest rate hikes to tackle persistent inflation.

Market News
16 Jul 2026
CNBC
View Source
Neutral
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Dallas Federal Reserve President Lorie Logan called for modestly higher interest rates to combat inflation that remains above the Fed's 2% target despite recent price declines. She emphasized that one month of easing is insufficient and that inflation continues to strain American households. Logan warned that without policy action, inflation could become entrenched, requiring more severe rate hikes later. The Fed is expected to raise rates modestly later this year, with the next meeting in late July.

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