Fed's Collins: Time for Fed to shift focus from size of rate hikes to the ultimate level<ul><li>It's premature to comment on the ultimate level of rates</li><li>I don't believe a big slowdown is needed to achieve price stability</li><li>Signs inflation surge is starting to moderate</li><li>Recognizes risks of hiking too far</li></ul><p>These are the first comments from a Fed official since the FOMC decision but it's certainly in line with what Powell has said. The market wants to hear some comments about the ultimate level.</p>
This article was written by Adam Button at forexlive.com.
Source: Fed's Collins: Time for Fed to shift focus from size of rate hikes to the ultimate level (https://forexlive.com/centralbank/feds-collins-time-for-fed-to-shift-focus-from-size-of-rate-hikes-to-the-ultimate-level-20221104/https://forexlive.com/centralbank/feds-collins-time-for-fed-to-shift-focus-from-size-of-rate-hikes-to-the-ultimate-level-20221104/)
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