US Rates Need to Rise Soon Absent Evidence of Ongoing Drop in Inflation, Fed’s Collins Says
Susan Collins said the central bank may need to tighten policy soon if inflation does not keep easing, with Reuters polling economists expecting 3.3% core PCE in July.
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Fed's Collins Says Holding Rates Hangs on Inflation Progress
Fed's Susan Collins: Rates May Rise If Disinflation Stalls
Federal Reserve Bank of Boston President Susan Collins signaled that interest rates may need to climb higher in the near term if fresh data fails to confirm that inflation continues to ease toward the central bank's 2 percent target. Her remarks, delivered during a panel discussion, reflect ongoing internal debates at the Fed about the appropriate path for monetary policy amid mixed economic signals. Collins, who votes on the Federal Open Market…
US rates need to rise soon absent evidence of ongoing drop in inflation, Fed’s Collins says
By Howard Schneider WASHINGTON, Aug 25 (Reuters) – The U.S. Federal Reserve will need to raise interest rates soon unless coming data show a continued decline in inflation that remains too high and which has become a “pervasive” concern for businesses and households, Boston Fed President Susan Collins said on Tuesday. Collins said in comments posted to the Boston Fed website that the current Fed policy rate, under her base case outlook, will c…
(Dan Tri Newspaper) - The most intense wave of disagreements in years has emerged within the Fed as persistent inflation puts the agency in a dilemma between controlling prices and the burden of public debt.
Critical Interest Rate Message from a Senior FED Official! What Does It Mean for Bitcoin (BTC)?
Boston Fed President Susan Collins has signaled an interest rate hike. What do her statements mean for Bitcoin (BTC)? Continue Reading: Critical Interest Rate Message from a Senior FED Official! What Does It Mean for Bitcoin (BTC)?
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