Fed’s Collins Favors Holding Rates Steady for ‘Some Time’

Federal Reserve Bank of Boston president Susan Collins favors holding rates steady for ‘some time’ - The Boston Globe

If the war in the Middle East is resolved “relatively soon,” Collins expects this year to bring solid economic growth, a possible modest rise in the unemployment rate, and little to no progress on lowering inflation.

Fed's Collins says rate hikes may be needed to quell inflation

Susan Collins, President of the Boston Federal Reserve, recently shared insights on the potential for interest rate hikes if inflation remains stubbornly high. She emphasized how the crisis in the Middle East could exacerbate inflation issues.

Fed’s Collins Favors Holding Rates Steady for ‘Some Time’

Federal Reserve Bank of Boston President Susan Collins said interest rates should remain on hold for “some time,” arguing she is particularly concerned about elevated inflation.

Fed's Collins says rate hikes may be needed to curb inflation

Boston Federal Reserve President Susan Collins said on Wednesday the U.S. central bank may need to raise interest rates if inflation pressures do not abate.

Collins: Fed Should Hold for Now but Hike Risk Has Increased - ActionForex

Boston Fed President Susan Collins said on Wednesday that while holding interest rates steady remains her base case, the Federal Reserve may still need to tighten policy further if inflation pressures fail to ease. Speaking at the Boston Economic Club, Collins stressed that the longer the Middle East conflict persists, the greater the inflation risks […] The post Collins: Fed Should Hold for Now but Hike Risk Has Increased appeared first on Acti…