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5 days ago · 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...
6 days ago · · Senior Reporter. Wed, May 8, 2024, 11:45 AM 4 min read. Boston Fed president Susan Collins said Wednesday it will take longer "than previously thought" to bring inflation down, becoming the...
6 days ago · 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 · Collins also said it could take more time for interest rates to work, noting the effects of past rate hikes are usually seen within four to six fiscal quarters. The Fed has held interest rates at ...
6 days ago · Collins remains optimistic that inflation can be brought back to 2 percent in a reasonable amount of time and with a labor market that remains healthy. But she is realistic about the risks and uncertainties around that outlook. Uncertainty remains high in terms of the timing and full impact of monetary policy.
5 days ago · Economics. Fed’s Collins Says Reaching 2% Inflation Goal May Take Longer. Progress will likely require slower economic growth, she says. ‘Methodical perseverance’ will be needed amid uneven...
6 days ago · Collins’ comments echoed those of Fed Chair Jerome Powell, who said last week the central bank had more work to do to gain the necessary confidence on inflation returning to the 2% target in ...
