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May 8, 2024 · NEW YORK, May 8 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said on Wednesday that the U.S. economy needs to cool off as an avenue toward getting inflation back to the...
May 8, 2024 · NEW YORK, May 8 (Reuters) - Federal Reserve Bank of Boston President Susan Collins expressed confidence Wednesday that the current setting of monetary policy will slow the economy in the way...
5 days ago · On Tuesday afternoon, Axios spoke with Susan M. Collins, the president of the Federal Reserve Bank of Boston, on the sidelines of a conference in Florida. Here's what she had to say, lightly edited for length and clarity. Since Collins's last speech, new data pointed to lower April inflation.
May 8, 2024 · Collins, who noted the lack of disinflationary progress made in 2024, said slower economic growth will be necessary to make sure inflation remains on a sustainable path to the Fed’s 2% goal. She...
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- Steve Matthews
May 8, 2024 · Collins believes that improvements in supply chains that helped cool inflation quickly last year may not continue this year, and that slower economic growth will be needed to bring down demand and...
May 8, 2024 · Collins expects that slower growth will be needed to achieve a better balance with supply and ensure the economy remains on a path towards price stability. The current policy stance, which Collins views as being moderately restrictive, is appropriate for balancing the current two-sided risks (of easing too soon or holding too long).
May 8, 2024 · RiverNorthPhotography. Boston Fed President Susan Collins said Wednesday that interest rates likely will need to stay higher for longer, amid the lack of progress on bringing down inflation...
