FED'S LOGAN CALLS FOR AT LEAST TWO MORE RATE HIKES

Fed's Lorie Logan says inflation is unacceptably high and interest rates must rise at least another 50 basis points.

Logan argues the policy rate remains at least 50bps below a modestly restrictive level and says the Fed could accelerate hikes this winter.

She warns inflation is moving further above the 2% target, with price pressures extending beyond energy and tariffs.

Strong growth, robust spending and a resilient labor market give the Fed room to tighten.

After two 25bps hikes, Logan favors pausing to assess whether further action is needed.