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Fed's Collins signals more tightening as inflation stays hot

Boston Fed President Susan Collins said inflation is too high and price pressures are broadening, pointing to rate hikes soon.

Fed funds rate
3.88% −0.70 pts · 2 yr
3.62%4.10%4.58%13 Nov12 Nov11 Nov
Daily data. Source: FRED, St. Louis Fed.

Confirmed

  • Susan Collins says inflation has been too high for too long
  • Collins says price pressures are broadening
  • Collins says the direction of policy is clear

Not yet known

  • Whether a quarter-point rate hike will happen soon
  • Whether the FOMC will support a quarter-point hike, amid a reported internal dispute
  • Whether a quarter-point hike is the dovish option, as one commentator claims

What we know

Collins said inflation has been too high for too long and the direction of policy is clear. A market commentator says a quarter-point hike has become the "dovish" option amid an internal FOMC dispute.

Prediction market

Another Fed rate hike in 2026?

97%chance

Traders' bets on Polymarket, not a forecast by Global Eye 24. Polymarket · $2.0m traded · updated 22:51 UTC

Who's who

Photos and descriptions: Wikipedia

What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@_Investinq

“Inflation is too high and has been for too long”

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@biancoresearch

“a quarter-point Fed hike into the "dovish" option”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.