Fed officials warn of potential rate hikes amid inflation concerns
Statements (7)
- Neutral
Federal Reserve Chair Jerome Powell's colleague Collins says rate hikes will help return inflation to goal
- Bearish
Federal Reserve Bank of Boston President Susan Collins wrote that she sees an increased likelihood of future scenarios where inflation remains notably above 2%.
- Neutral
Federal Reserve president Tom Barkin states it is unclear if interest rate hikes are needed to meet inflation target.
- Neutral
Boston Fed's Collins is open to interest rate increase in September
- Neutral
Boston Fed's Collins is open to interest rate increase in September
- Bearish
Federal Reserve governor Lisa Cook said she is prepared to raise interest rates if inflation remains elevated.
- Bearish
Three Federal Reserve dissenters argue delaying interest rate increases could worsen inflation.