Fed’s Collins says she supported rate hike, warns of elevated inflation risks
Susan Collins said tighter policy is needed to keep inflation from staying above 2%, and policymakers penciled in another increase this year.
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9 Articles
Fed’s Collins Signals No Quick Relief on Inflation as She Backs Rate Hike
Boston Fed President Susan Collins backed last week’s rate hike and warned of higher odds that inflation stays above 2%. With the labor market stronger, she sees room for policy to focus squarely on price stability after years of elevated pressures. Supply shocks from Middle East conflict add complexity.
The president of the Boston Federal Reserve (Fed) district, Susan Collins, said she supported the U.S. central bank's decision to raise interest in the U.S. by 0.25 percentage point, to last week's 3.75% to 4.00% range. In a social media publication, she argued that in the face of labour market stability, the U.S. central bank should focus on price stability. A somewhat more restrictive Fed fund rate will help ensure that inflation returns susta…
US yields edge higher as investors weigh Fed rate hike expectations
NEW YORK — U.S. Treasury yields were slightly higher on Tuesday as investors weighed lower oil prices against expectations for further interest rate hikes from the Federal Reserve. The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations for the Fed, hit a fresh two-year high at 4.7879 percent. The Fed last week raised rates for the first time since 2023 to try to control inflation. Traders see a roughly 53…
Fed’s Collins says she supported rate hike, warns of elevated inflation risks
By Michael S. Derby Sept 22 (Reuters) - Boston Federal Reserve President Susan Collins wrote on Tuesday that she supported the US central bank's decision last week to raise interest rates in the face of risks that future inflation will be above the 2...
Collins stated that high inflation risks have increased, while labour market conditions seem "a little stronger"
The President of the Boston Federal Reserve (Fed, the US Central Bank) Susan Collins said on Tuesday, 22, that she supported the decision of
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