Dallas Fed’s Logan backs two more 25-basis-point rate hikes on inflation

Dallas Fed President Lorie Logan called for two additional 25-basis-point rate hikes, signaling she sees inflation as still too persistent. The stance could shift market expectations toward tighter monetary policy and a higher-for-longer rate path. Traders would read this as a headwind for risk assets, including crypto, since further tightening tends to drain liquidity and strengthen the dollar.