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Fed's Collins says policy moving into new phase, open to smaller rate hikes

Summary by Ground News
Boston Federal Reserve President Susan Collins says there's a good chance the pace of future increases could be smaller. "The work to tame inflation is not yet finished," she said. Collins' comments were among the first public remarks by a U.S. central bank official after this week's monetary policy meeting.

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Financial Post broke the news in Canada on Friday, November 4, 2022.
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