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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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Fury Gold Mines resumes drilling at Eau Claire after wildfire suspension with no impact on Phase 2 plans.

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YieldMax ETFs announce weekly distributions for MSST, NVIT, and TEST with a 25% target annual income.

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Novo Nordisk expands share buyback with DKK 11.2 billion repurchase through Feb 2027

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Dimensional Fund Advisors discloses 1.26% stake in Prologis Inc as of July 2026

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Man Group PLC discloses 1.63% stake in Senior Plc via equity swaps as of July 24, 2026.

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Man Group PLC has publicly disclosed holding a 1.63% interest in Senior Plc through cash-settled equity swaps as of July 24, 2026. This disclosure is made under Rule 8.3 of the UK Takeover Code, indicating a significant stake in the company. The posi...

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Neutral
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