Fed's Collins: Fed likely needs to hike interest rates more<ul><li>Hopes monetary policy will not cause too much of a slowdown</li><li>Currently expects a modest rise in unemployment</li></ul><p>Is the scenario where the Fed hikes to 5%, the economy slows down modestly and inflation returns to target realistic? Obviously it would be great but there are a multitude of risks around that forecast.</p>
This article was written by Adam Button at forexlive.com.
Source: Fed's Collins: Fed likely needs to hike interest rates more (https://forexlive.com/centralbank/feds-collins-fed-likely-needs-to-hike-interest-rates-more-20221118/https://forexlive.com/centralbank/feds-collins-fed-likely-needs-to-hike-interest-rates-more-20221118/)
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