Live Updates > Live Update Details
2026-10-31 01:41:25
[Dallas Fed President Lori Logan reiterates her belief that the Fed needs to raise rates twice more] "Skipping a meeting does not change the endpoint of monetary policy. In fact, by defining the endpoint, the FOMC can better help the economy adapt and realize the benefits promised by skipping a meeting." "Financial markets react volatilely to news about the outlook for technology investment and geopolitical dynamics. In this environment, a more gradual adjustment of policy can help households, businesses, and market participants adapt to higher interest rates and reduce the risk of economic activity deteriorating more sharply than necessary. Furthermore, as long as market participants understand the FOMC's policy agenda, the exact timing of each rate hike will have little impact on the long-term interest rates paid by most borrowers."
