Federal Reserve official Logan said on Oct. 2 that the current policy stance has remained off track and that the Federal Open Market Committee should raise interest rates. She said the target should be an increase of at least 50 basis points. The remarks were cited in a BlockBeats update published the same day. This is a short policy-related market update based solely on the source text, with no additional details disclosed in the original item.
According to BlockBeats, Logan said on Oct. 2 that the policy stance has remained off track and that the Federal Open Market Committee should raise interest rates, with a target of at least 50 basis points.
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