11:21AM Signing off... Link copied to clipboard That’s all from us today, but you can follow all our latest business and economics news here . 11:19AM We may need to cut our energy use, says Fed rate-setter Link copied to clipboard Families and businesses may need to use less energy if Iran’s blockade of the Strait of Hormuz continues much longer, a Federal Reserve rate-setter has warned. Dallas Fed President Lorie Logan, who votes on the Federal Reserve Open Markets Committee (FOMC), said on Wednesday that the world may need to find a way to get by on less oil and gas if pressures on energy supplies do not ease soon. Ms Logan told a conference at the Bank of Japan: “With supplies highly constrained, if shipping through the strait does not soon return to prewar levels, world oil and natural gas consumption could need to fall more meaningfully than it has so far. “One way or another, I expect energy markets to come into rough balance before too long.…