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Fed's Collins says she supported rate hike, warns of elevated inflation risks

Boston Federal Reserve President Susan Collins wrote on Tuesday that she supported the US central bank's decision last week to raise interest rates ‌in the face of risks that future inflation will be above the 2% target.

Sources (1)· Sep 22, 2:55 PM

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Reuters· Sep 22, 2:55 PMFed's Collins says she supported rate hike, warns of elevated inflation risks

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Losing the plot? Warsh's Fed more 'touchy-feely' than data-drivenThe Federal Reserve's first interest rate rise in three years somehow surprised many investors, despite futures markets having priced it in well before. Yet that sort of disconnect and second-guessing is exactly what new Chair Kevin Warsh has encouraged.

Reuters15d agoWhole story →

Economy federal reserve rate hike

Federal Reserve official says inflation persistence led her to support interest rate hikeWASHINGTON (AP) — A top Federal Reserve official said Monday that stubbornly high inflation and the renewal of combat in the Middle East in August were key

EUROPE SAYS16d agoWhole story →

Economy federal reserve rate hike

Federal Reserve official says fighting inflation likely to be ‘painful’WASHINGTON (AP) — A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat

WTOP16d agoWhole story →

Economy federal reserve rate hike

Federal Reserve rate hike reflects new world of sticky inflation and faster growthPresident Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than

Breitbart News Network16d agoSources (2)Whole story →

Economy Donald Trump federal reserve rate hike

America In Focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year.

WDIV ClickOnDetroit18d agoSources (2)Whole story →

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What are the financial benefits of higher interest rates? Experts explainThe Federal Reserve recently raised interest rates for the first time since 2023.

KABC-TV14d agoWhole story →

Economy federal reserve rate hike

Fed’s Paulson says modest further rate increases may be neededFederal Reserve Bank of Philadelphia President Anna Paulson said additional interest rate increases may be needed to ensure inflation returns to the central bank’s 2% goal.

Spokane Spokesman-Review13d agoWhole story →

Economy federal reserve rate hike

Fact Check Team: What higher interest rates mean for mortgages, borrowers and saversMortgage rates are back above 7%, adding to the financial pressure facing prospective homebuyers as the Federal Reserve raises its benchmark interest rate.

WJLA13d agoWhole story →

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Economy federal reserve rate hike

Dollar set for weekly gains as yields surge, Fed bets buildThe dollar was set for its first back-to-back weekly gains in more than three months on Friday, as surging Treasury yields and mounting bets on further Federal ‌Reserve rate hikes kept the greenback near multi-month peaks.

Reuters13d agoWhole story →

Economy federal reserve rate hike

Why mortgage rates are rising even as Trump demands lower interest ratesPresident Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say

Los Angeles Times12d agoWhole story →

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