Fed's Collins: The recent PCE report did not change the overall outlook that current monetary policy is restrictive — Live Feedhttps://www.live-feeds.com/feed/fed-s-collins-the-recent-pce-report-did-not-change-the-overall-outlook-that-current-monetary-policy-is-restrictiveContinuously updated, source-cited coverage. Fed's Collins maintains restrictive policy outlook despite PCE reporthttps://www.live-feeds.com/feed/fed-s-collins-the-recent-pce-report-did-not-change-the-overall-outlook-that-current-monetary-policy-is-restrictivehttps://www.live-feeds.com/feed/fed-s-collins-the-recent-pce-report-did-not-change-the-overall-outlook-that-current-monetary-policy-is-restrictive#u50840Fri, 28 Aug 2026 11:01:05 +0000Federal Reserve official Collins states that the most recent PCE report does not alter the view that current monetary policy remains restrictive. She describes interest rates as still mildly restrictive. While maintaining this stance, Collins indicated that a rate increase would be warranted if inflation data disappoints. This position comes amid broader internal Fed tensions, as minutes reveal four Fed bank boards previously favored a rate hike.Why it mattersThe Federal Reserve adjusts interest rates to balance inflation control with economic growth. The PCE report serves as a primary gauge f