Fed Warns Inflation May Need More Rate Hikes

Dallas Fed President Lorie Logan is sounding the alarm on inflation, warning that higher interest rates may be needed later this year to rein in prices — even as the latest jobs report shows strong growth and steady unemployment. With inflation stubbornly near 4% and heading toward the mid-2s, Logan blames tariffs and oil shocks, while pointing to surging corporate earnings and AI investment as signs current policies aren’t cooling the economy fast enough. The jobs data, showing gains in leisure, healthcare, and local government — but a dip in financial services — adds complexity as the Fed prepares for its next meeting, just before new Chair Kevin Warsh takes the helm. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/459a9db8eb8d12d3