Just be wary though that Collins isn't a voter on the FOMC board this year. Her comments are nothing all too surprising with a September rate hike still very much in the air. If anything, it puts more scrutiny on the data and adds more weight to any upside or downside surprises to the inflation numbers. It's not all too common that the Fed leaves markets guessing right up until the last minute. That especially if economic data continues to be rather benign - which is possible.