[Federal Reserve's Logan: The Federal Open Market Committee Should Raise Rates, Targeting at Least a 50 Basis Point Increase] According to a report by Jinse Finance, on October 2, Dallas Federal Reserve Bank President Lorie Logan stated that the Federal Reserve must continue raising interest rates to thoroughly curb inflation. Logan suggested that the rise in U.S. Treasury yields also helps to slow down the economy. She noted that an increase in term premiums could cool the economy, thereby reducing the necessity for further monetary policy tightening. Logan estimated that the federal funds rate target range needs to be raised by at least 50 basis points to properly balance the economic outlook and risks associated with the Federal Reserve's dual mandate objectives. She also mentioned that U.S. Treasury yields have been rising continuously over the past few weeks. She said market participants have indicated to her that the initial driver of this yield increase was market expectations of strong economic growth and a higher neutral rate from the Federal Reserve, but current models show that term premiums (the additional return investors demand for holding long-term bonds over short-term bonds) are also rising. (Jin10)