Fed's Collins: Fed likely needs to hike interest rates more

<ul><li>Hopes monetary policy will not cause too much of a slowdown</li><li>Currently expects a modest rise in unemployment</li></ul><p>Is the scenario where the Fed hikes to 5%, the economy slows down modestly and inflation returns to target realistic? Obviously it would be great but there are a multitude of risks around that forecast.</p>

This article was written by Adam Button at forexlive.com.