Collins previously supported the interest rate hike in September and maintains that tighter monetary policy is the necessary tool to reach the Fed's 2% inflation goal. The central bank continues to prioritize the risks associated with high inflation to prevent a long-term breach of its targets.
Wednesday, October 21, 2026
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Fed's Collins Forecasts More Rate Hikes by Year End to Hit 2% Target
US Markets7 days ago
An "elevated" risk of high inflation is currently the primary focus of the Federal Reserve in its effort to stabilize price growth. Boston Fed President Susan Collins said the U.S. central bank will likely need to raise interest rates "a bit further" before the end of the year to help rein in inflation and ensure it returns to the agency's target.
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