Central Banks
Fed’s Collins Sees Rate Cuts ‘Soon’ If Inflation Keeps Slowing
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The US Federal Reserve could soon begin easing interest rates if inflation continues on its downward path amid a strong labor market, Boston Fed President Susan Collins said in an interview with the Providence Journal.
“If the data continue the way that I expect, I do believe that it will be appropriate soon to begin adjusting policy and easing how restrictive the policy is,” Collins said. “My outlook is for continued gradual reduction back to our 2% target amid a healthy labor market.”