Fed's Collins says the Federal Reserve will factor in 'unrest in the Middle East'

<p>Federal Reserve Bank of Boston President Susan Collins spoke earlier. </p><ul><li><a href="https://www.forexlive.com/centralbank/feds-collins-says-fomc-is-at-or-near-the-peak-of-the-rate-hike-cycle-20231011/" target="_blank" rel="follow" data-article-link="true">Fed's Collins says FOMC is at or near the peak of the rate hike cycle</a></li></ul><p>In a nutshell said that while the odds of the economy escaping a recession have grown, it’s possible the central bank is not done with interest rate hikes aimed at bringing inflation back to its target.</p><p>More now:</p><ul><li>Federal Reserve will factor in 'unrest in the Middle East'</li><li>Economy has yet to feel the full impact of FOMC rate hike cycle</li><li>Sees no reason to change the Fed's inflation target</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.