Fed, Susan Collins
Fed’s Collins Says Half-Point Rate Cut Was ‘Prudent’ Given Risks
Federal Reserve Bank of Boston President Susan Collins said it was “prudent” for officials to lower rates by a half percentage point last month as inflation declines and the economy becomes more vulnerable to shocks.
Fed’s Collins Sees More Rate Cuts Ahead to Freeze the Economy Where It Is Now
The labor market remains in a good place overall—neither too hot nor too cold,” said the Boston Fed president.
Federal Reserve's Collins expects more rate cuts amid confidence inflation is easing
Collins said that while core inflation pressures remain elevated, she is increasingly confident inflation is moving back to the Fed's 2% target.
Fed's Collins: More rate cuts 'likely will be needed' to preserve US economy
Pointing to the consensus among her colleagues for two more 25 basis point rate cuts this year, Collins said in a speech in Boston that "further adjustments of policy will likely be needed." She stressed that rate cuts are not on a pre-set path and that the Fed will remain data-dependent.
Fed’s Collins Says Rate Cuts Should Be Careful, Data-Based
Federal Reserve Bank of Boston President Susan Collins said policymakers should use a careful, data-dependent approach as they lower interest rates to help preserve the strength of the US economy.
Boston Fed Head Signals Potential Future Rate Cuts Amid Easing Inflation
Susan Collins, President of the Boston Fed, suggests more interest rate cuts are possible due to easing inflation trends. Recent strong job data complicates the outlook, but Collins remains confident about achieving the 2% inflation target.
Fed's Collins: US economy, labor market remain strong
Federal Reserve (Fed) Bank of Boston President Susan Collins noted late on Tuesday that current Fed policy is helping to cool inflation, but the US economy and labor markets still appear strong, and core inflation still remains elevated. I am more confident inflation is on durable path of ebbing.
Fed’s Collins sees risk of economy slowing ‘beyond what is needed’
Boston Fed President Susan Collins said Tuesday that there are risks to the U.S. economy not only from sticky inflation, but also an economic downturn.
Fed's Collins expects more rate cuts amid confidence inflation is easing
Federal Reserve Bank of Boston President Susan Collins said on Tuesday that with inflation trends growing weaker it is very probable that the U.S. central bank can deliver more interest rate cuts. "Further adjustments of policy will likely be needed,
Further policy adjustment likely needed to preserve economic conditions, Collins says
APCortizasJr/iStock Unreleased via "Further adjustments of policy will likely be needed" to preserve a current favorable ...
Business Times20h
Gold prices steady with Fed minutes on tap
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Fed Minutes Loom, Gold Holds Steady
On Wednesday, gold prices remained stable as traders awaited the Federal Reserve’s latest meeting minutes for insight on ...
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Boston Fed’s Collins Urges Patience on Rate Cuts
Susan Collins, president of the Federal Reserve Bank ... but recent readings remain above the Fed’s 2% annual target. Meanwhile, the labor market has remained healthy—unemployment is near ...
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S&P Futures Tick Lower Ahead of FOMC Meeting Minutes and More Fed Speak
Detailed price information for JP Morgan Chase & Company (JPM-N) from The Globe and Mail including charting and trades.