Fed and ECB officials signal more rate hikes as inflation persists
Fed's Collins and ECB's Nagel both flagged further tightening, while US producer prices rose 6.5% year-on-year in October.
Not yet known
- How far the Fed and ECB will tighten; the text sets no rate decisions or dates
What we know
Fed's Collins said additional tightening is warranted soon and rates may need to rise more than expected. ECB's Nagel said it is highly probable the ECB must act again, with inflation above target well into 2027. BLS data show producer prices up 6.5% year-on-year, the largest rise since November 2022, slightly below estimates.
Another Fed rate hike in 2026?
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