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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: Interest Rates to Remain Higher for Longer as Inflation ...
Fed’s Collins: Interest Rates to Remain Higher for Longer as Inflation Persists News
Collins: Iran conflict to keep Fed rates higher for longer
Economy Boston Fed's Collins warns Iran conflict will keep rates elevated into 2027 Boston Federal Reserve Bank President Susan Collins backed the FOMC's hawkish dissenters on Wednesday, warning that the Iran conflict is fuelling persistent inflation through energy-price shocks and that interest rates should stay on hold for an extended period.
Boston Fed president 'agnostic' on rate cuts - PressReader
Collins, in a wide-ranging discussion at the Boston Fed's headquarters, said she favors a more "agnostic" stance around the future path for rates as the energy shock caused by the Middle East conflict pushes back the Fed's ability to reach its 2 percent inflation target.
