Central BanksMedium•13 November 2026•
1 min read
Fed's Collins Signals Tightening as Bank of America Forecasts Three Rate Hikes
Key Facts
1Fed's Susan Collins stated that additional policy tightening is likely warranted soon as inflation remains too high and is broadening.
2Bank of America (BAC) forecast back-to-back interest rate hikes in December, January, and March.
Federal Reserve official Susan Collins stated that additional policy tightening is likely warranted soon as inflation remains too high and is broadening. According to investinglive.com, Bank of America forecast back-to-back interest rate hikes in December, January, and March.
Bank of America closed at $50.51 on November 12, 2026, amid inflationary pressures reflected in the Consumer Price Index which reached 337.511 on November 10, 2026. In the banking sector, JPM closed at $342.82 and WFC closed at $85.76 on November 12, 2026.
Federal Reserve Chair Kevin Warsh is scheduled to deliver a speech on November 16, 2026, an event that may provide further clarity on the rate path following the recent Bank of America forecasts.