Fed Official Sees Rate Hike as Key to Restoring Price Stability

Federal Reserve Bank of Boston President Susan Collins has expressed support for last week's interest rate hike, citing its potential to bring inflation back to the central bank's 2% target.

In a LinkedIn post on September 22, 2026, Collins wrote that a somewhat more restrictive federal funds rate will help ensure that inflation durably returns to target.

Collins emphasized the importance of timely return to price stability after five and a half years of too high inflation, with the labor market now on better footing.