Fed's Collins warns inflation could be 'notably' higher after backing rate hike
Why now
Thesis: Fed hawkishness raises inflation and hike risk
Catalyst to watch: Other Fed speakers and CPI prints
Main risk: Tighter policy pressures rate-sensitive assets
Why it matters
A Fed official backing a hike and warning of notably higher inflation raises the risk of tighter policy and higher yields.
Details
There is "an increased likelihood" of inflation staying "notably" above the Federal Reserve's 2% target, Boston Federal Reserve President Susan Collins said.
Related assets & topics
InflationFederal ReserveInterest RatesSources
- cnbc · 2026-09-23 07:33 UTC