Fed's Collins (2028 voter) says renewal of combat in Iran war was a key reason she supported rate hikes last week; pencilled in another rate hike this year but expects rates on hold in 2027, via AP

Newsquawk Staff · 21 Sept 2026, 20:52 UTC

“I did not see the inflation progress I was hoping to see,” she said. “Geopolitical developments suggest that we could continue to see additional pressures push on the energy side.
“There were reasons to see an increased likelihood of some of the scenarios in which inflation gets stuck above 2%,” she added, referring to the Fed’s 2% inflation target, which it has not hit for more than five years.

Sources

apnews.com

What our morning note said

The Middle East · about 10 hours before this headline

Pakistani Interior Minister travelled to Iran to discuss bilateral relations and cooperation, but it will be unrelated to Iran-US matters.
More US troops had reportedly died amid the Iran war than the Pentagon disclosed publicly, according to a report on Friday in the Washington Post.

Read the whole note Free to read.

Newsquawk Daily

Get the next one free, by email.

What moved overnight, where stocks, bonds, currencies and oil stand, and what’s due today. Written by our analysts.

Both market-open notes, EU and US, every weekday. No account needed. Unsubscribe any time.

If you trade

This headline was on the Newsquawk live feed at 20:32 UTC.

Use the Platform opens our news terminal in your browser, with the live headline feed. It’s news, not a broker.

Use the Platform

Free. No signup, no card.

Case studies

Headlines that moved markets

Headlines from our feed, and what the market did next.

Riksbank maintains its rate at 1.75% as expected; assesses that the probability of a rate increase later this year remains; there is considerable uncertainty and developments call for vigilance
EUR/SEK+0.3%
Norges Bank maintains its rate at 4.25% as expected; may still become necessary to raise the policy rate
EUR/NOK+0.6%
"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%

See all 221

More on this story

Make Newsquawk a preferred source on GoogleSelect this to see Newsquawk more often in Top Stories when you search Google.

Sources

More on this story

Related headlines