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Fed's Collins warns inflation could stay 'notably' above 2% target

Boston Fed President Susan Collins says the odds of persistently elevated inflation have risen after backing a rate hike.

newest coverage 1d agosummary written 23h ago2 pieces128 likes & upvotes4 comments BlueskyNewswires

What to know

  • Boston Fed President Susan Collins says the chance of inflation staying persistently above the Fed's 2% target has increased.
  • The warning follows her support for a recent interest rate hike, highlighting tension between rate policy and inflation risk.
  • The comments add to market uncertainty about the Fed's next moves on interest rates.

“notably”

Susan Collins, Boston Fed President · CNBC ↗ · Sep 22

Susan CollinsSusan Collins President, Federal Reserve Bank of Boston

How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts

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  1. 2

    CNBC details Collins' warning after her rate-hike vote

    CNBC reported that Collins, who backed a rate hike, warned of an 'increased likelihood' of inflation staying 'notably' above the Fed's 2% target.

    “an increased likelihood…”
    — Susan Collins
    1. 1 outlet Fed's Collins warns inflation could be 'notably' higher after backing rate hike

      first by CNBC, 1d ago

  2. 1

    Collins flags rising odds of persistent above-target inflation

    Boston Fed President Susan Collins said there is an increased likelihood of scenarios in which inflation stays notably above the Fed's 2% target, a statement that circulated widely on financial social media.

    “FED'S COLLINS: INCREASED LIKELIHOOD OF FUTURE SCENARIOS IN WHICH INFLATION STAYS NOTABLY ABOVE 2%…”
    — fintwitter.bsky.social
    • fintwitter.bsky.social

      FED'S COLLINS: INCREASED LIKELIHOOD OF FUTURE SCENARIOS IN WHICH INFLATION STAYS NOTABLY ABOVE 2%

      fintwitter.bsky.socialBluesky1d ago128▲view on Bluesky ↗