Fed’s Logan Urges Rate Hold Amid December Cut Speculation

UPDATE: Federal Reserve’s Logan, a key voter in 2026, just announced her preference to maintain interest rates during a critical policy meeting this week. Her statement comes as speculation mounts over a potential rate cut in December, with the market currently pricing in a 68% chance of such an action.

In a surprising move, Logan has aligned herself with Schmid, the Kansas City Fed President who will lose his voting rights next year. Both policymakers share a hawkish stance, indicating a strong commitment to keeping rates steady. Logan emphasized her desire to keep rates unchanged not only this week but also in December, suggesting that a battle is ahead within the Federal Reserve.

“While the market is pushing for a rate cut, my stance is clear,” Logan stated. “I would have voted to leave rates unchanged this week and I see no immediate need to change course in December.”

As the Federal Reserve grapples with inflation and economic stability, Logan’s assertive position highlights potential tensions among Fed officials. The implications of her stance are significant, as any decision made by the Fed can directly affect borrowing costs for consumers and businesses alike.

Looking ahead, observers will be closely monitoring upcoming meetings for further comments from Logan and other Federal Reserve officials. The stakes are high, with economic forecasts and market reactions hanging in the balance.

Stay tuned for more updates as this developing story unfolds.