Boston Fed President Susan Collins expects the central bank to hike interest rates next month but the size of the move should be debated.
Boston Federal Reserve President Susan Collins expects the central bank to raise its policy interest rate in December and said she was open to all different sizes of a move.
“All of the possible increments should be on the table as we decide what is sufficiently tight,” Collins said in an interview on CNBC. Collins did not indicate her preference for December, but said that a half percentage point move has historically been considered a large increase.
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