2026 voting member Logan supports a December rate hike by the Federal Reserve, believing at least two hikes totaling 50 basis points are needed. In a speech on November 10th (after the CPI release), Dallas Fed President Logan, a 2026 voting member of the Federal Reserve, reiterated that based on the current economic outlook, the Fed needs to raise interest rates at least twice more, each time by 25 basis points, totaling at least 50 basis points. She stated that the specific pace of rate hikes will depend on the recent economic and financial environment, and that the pace of rate hikes this winter may be faster than this fall. After implementing two rate hikes, she prefers to pause for a period to observe changes in the economy and financial markets before deciding whether further action is needed. Logan believes that the current interest rate level is at least 50 basis points away from a level that can provide a moderate restraint. The October CPI released that day was higher than expected, raising concerns that the subsequent October PCE inflation report may show a rise. Logan explained that the October meeting did not raise interest rates because of the high market volatility at the time. A gradual adjustment would allow households, businesses, and markets more time to adapt and reduce the risk of a rapid deterioration in economic activity. However, in her view, not raising rates at one meeting does not change the direction that further tightening is needed in the future. A @Gate account, trading more markets