Fed's Logan says more rate hikes needed. Federal Reserve Bank of Dallas President Lori Logan said Thursday there was a case for a rate hike at the June policy meeting, comments that reaffirmed her view that more rate hikes are needed to calm the still-strong economy. May need it.
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WASHINGTON: The most-watched measure of US inflation by the Federal Reserve declined sharply in May, official data showed on Friday, returning to the downside after…