Fed's Collins: Fed may have to raise rates more than expected

November 13th, Federal Reserve's Collins stated that the Fed may have to raise interest rates more than expected. She does not want to specify how high or how fast interest rates should change. Decisions will have to be made meeting by meeting. Recent inflation data is not as optimistic as I would like. The correct direction of monetary policy is clear. I believe further tightening of policy will be necessary soon.