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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 ...
3 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.
Feb 7, 2024 · 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 job market.
Mar 30, 2023 · essential for a well-functioning economy and labor market. Inflation reflects a gap between demand and supply, resulting in pressures that fuel wage and price increases. In raising interest rates, the Fed intends to slow demand, cool a still-hot labor market, and bring demand and supply back into sustainable alignment.
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Apr 15, 2024 · Susan Collins, president of the Boston Fed, spoke with MarketWatch about consumer sentiment and the stubborn impact of uncertainty and inflation.
Jan 3, 2023 · Collins, 63, joined the ranks of Fed policymakers at a time when the US central bank is engaged in its most aggressive monetary-tightening push in decades.
Mar 30, 2023 · Susan Collins, president of the Boston Fed, on Thursday said inflation across the country remains too high, arguing there is “more work to do” to get it back to the central bank’s 2 per cent...
