Market Signal:BEARISH (high Impact)
Fed’s Logan calls for two more rate hikes; pause won’t alter path
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Target Assets:#USD_PKR
Executive AI Takeaway
Fed’s Logan calls for two more rate hikes; pause won’t alter path — Market signal: BEARISH (high Impact)
On Friday, the Dallas Federal Reserve President Lorie Logan said that “at least two more quarter-point rate hikes” are needed. She added that skipping a hike “doesn’t change policy destination,” and that adjusting interest rates “gradually” reduces the risks of a sharp economic deterioration.
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