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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...
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 ...
Sep 22, 2023 · Boston, MA. Annual Convention of the Maine Bankers Association. Full-Text Speech (pdf) Takeaways from Boston Fed President Susan M. Collins’ September 22, 2023 Remarks. Price stability is essential for a well-functioning economy, and an important precondition for maximum employment that is sustainable over time.
Feb 7, 2024 · Takeaways from Boston Fed President Susan M. Collins’ February 7, 2024 Remarks. The U.S. economy overall performed remarkably well in 2023. Inflation slowed notably last year, while the job market remained quite favorable. These very encouraging trends have reinforced Collins’ optimism that we are on a path to price stability with a healthy ...
Feb 28, 2024 · Takeaways from Boston Fed President Susan M. Collins’ February 28, 2024 Remarks. The U.S. economy overall performed remarkably well in 2023: inflation slowed notably, while job growth and output growth remained quite strong. Importantly, the pandemic recovery has been unusually equitable, with employment gains having been broadly shared ...
Sep 26, 2022 · Susan Collins, the new president of the Federal Reserve Bank of Boston, endorsed Fed projections released last week that signaled its benchmark interest rate would rise to 4.6% by next year, up sharply from about 3.1% now.
Sep 22, 2023 · September 22, 2023 at 7:00 AM PDT. Listen. 2:17. Federal Reserve Bank of Boston President Susan Collins said further interest-rate increases are possible and borrowing costs may need to stay...
