Fed's Logan says she supports slowing pace of rate hikes at this next upcoming meeting

Federal Reserve Federal Reserve The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the The Federal Reserve System, more commonly known as the Fed, represents the central banking system of the United States. Like other central banks globally, the Fed is responsible for monetary policy, in this case in the US.The Fed is one of the most watched and followed entities for forex traders, given its material impact on the US dollar. Founded initially in 1913, the Fed was created to perform a wide range of functions. This includes stabilizing and maintaining flexible monetary policy in the Read this Term Bank, Dallas President Lorie Logan says she wants a 25bp rate hike, not 50, at the January 31 / February 1 Federal Open Market Committee (FOMC) meeting.

• Need to be flexible, robust
• Not helpful at this time to lock in peak rate or precise rate path
• Says she supports slowing rate hike pace further at fed's upcoming meeting
• If slower rate hike pace eases financial conditions, can offset that by gradually raising rates to a higher level than previously expected
• Slower rate hike pace does not signal any less commitment to achieving inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term goal
• Fed is committed to restoring price stability
• Likely to need to gradually raise rates until 'convincing evidence' inflation on track toward 2%
• Even after pausing rate hikes, may need to raise rates further if outlook or financial conditions call for it
• Most important risk i see is tightening policy too little and failing to keep inflation in check
• Elevated services inflation is symptom of overheated economy, tight labor market
• Some signs of slower labor market, but would need to see a lot more data to be convinced it is no longer overheated
• Tightening too much or too fast could weaken labor market more than necessary
• Confident we have room to continue reducing balance sheet 'for quite some time'
• Would be comfortable seeing temporary use of Fed's standing repo facility

Fed officials are piling on the +25bp as opposed to the +50bp bandwagon.