Fed's Logan says would have been ok with a June rate hike

<ul><li>More rate hikes are likely necessary</li><li>Very concerned whether inflation will cool quickly enough</li><li>Challenging and uncertain environment enabled June pause</li><li>Process of rebalancing economy slower than expected</li><li>Skeptical about lagged impact of past Fed rate hikes</li><li>Housing market may have bottomed out</li><li>Housing sector rebound might threaten progress on inflation</li></ul><p>A hike later this month is a done deal, no matter what next week's CPI says.</p>

This article was written by Adam Button at www.forexlive.com.