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4 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...
4 days ago · May 8, 2024 at 8:45 AM PDT. Listen. 2:38. Federal Reserve Bank of Boston President Susan Collins signaled interest rates will likely need to be held at a two-decade high for longer than...
5 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 · Collins said Wednesday that she views rates in the current range of 5.25%-5.5% as having a "moderately restrictive" impact on the economy, but at a level that balances the risks of...
5 days ago · Fed’s Collins Says Reaching 2% Inflation Goal May Take Longer. (Bloomberg) -- Federal Reserve Bank of Boston President Susan Collins signaled interest rates will likely need to be held at a...
4 days ago · May 08, 2024 05:06 PM EDT. High interest rates are showing signs of working to bring down price pressures, but the data still isn’t painting a clear enough picture yet for the Federal Reserve to...
5 days ago · Boston Federal Reserve Bank President Susan Collins said Wednesday that she wasn't surprised by the unwelcome news on inflation given the rapid progress seen last year, but she added that the...
