Fed's Logan indicates support for further rate hike

The Federal Reserve is divided on how aggressively to target inflation, with some officials believing that more rate hikes are needed to reduce the high levels of inflation, while others are suggesting that a wait-and-see approach is more appropriate. Dallas Fed president Lorie Logan indicated her support for an additional rate hike next month, underscoring the divisions at the Fed. Other officials, including Chicago Fed president Austan Goolsbee and Fed governor Philip Jefferson, have also suggested adopting a wait-and-see

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