Lorie K. Logan

Money Moves

Said on November 10 that the Fed needs to raise rates at least half a percentage point before pausing

Consumer prices rose 0.4% in October from September, and core prices rose 0.3% for a third straight month, the Labor Department said November 10. The report kept the Federal Reserve on course to raise rates at its December 8-9 meeting. Governor Christopher Waller said a 0.3% core reading would make him consider a half-point hike.

Updated Yesterday

Money Moves

Called on Oct. 30 for at least two more quarter-point rate increases

The Federal Reserve held its benchmark rate at 3.75% to 4% on Oct. 28, a pause after September's quarter-point increase, the first hike since 2023. A stronger-than-expected October jobs report on Nov. 6 pushed traders to price about an 80% chance of another quarter-point increase at the Dec. 8-9 meeting, up from roughly 67% a day earlier.

Updated Yesterday

Rule Changes

Said on October 30 that the Fed needs at least two more quarter-point rate increases

Wholesale prices jumped 1.3% in September, the biggest monthly gain since March 2022, as gasoline rose 20.3% during the US-Israeli war with Iran. Producer prices were 6.3% higher than a year earlier, the fastest pace since December 2022.

Updated Nov 1

Rule Changes

As of May 2026: New FOMC voting member in 2026, viewed as strong inflation hawk

The Federal Reserve held rates steady at 3.5-3.75% on January 28, 2026, in a 10-2 vote. Governors Stephen Miran and Christopher Waller both dissented for a 25-basis-point cut — the first time two sitting governors have dissented together in decades.

Updated May 18