Fed Decisions from July to OctoberBoston Federal Reserve President Susan Collins has stated she would back a rate increase in September if inflation remains elevated, according to the Financial Times. This comes after the Federal Reserve held its rates steady in July, maintaining a target range of 3.50%–3.75%. Collins’ remarks underscore the Fed’s ongoing concerns about inflation, which continues to exceed its 2% target. Current market pricing reflects a decreased likelihood of rate cuts in upcoming Federal Reserve meetings from July to October 2026. What to WatchMarket participants will be closely monitoring upcoming inflation data releases, particularly the PCE price index, to gauge the likelihood of the Fed’s actions in September.