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3 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 lowering rates ...
2 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 ...
3 days ago · 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 central bank’s 2% target. “A ...
2 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 central bank’s 2% target. “A slowdown in activity will be needed to ensure that demand is better aligned with supply for inflation to return durably ...
Apr 30, 2024 · April 30, 2024 11:33 AM EDT. People expressed more pessimism about the economy in April, with consumer confidence declining for the third straight month as high gas prices helped stoke inflation ...
May 1, 2024 · As for fuel prices, the average cost of a gallon of gasoline in 1974 is not much different today on an inflation-adjusted basis. In May of that year, it was 53 cents per gallon, the equivalent of ...
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