US Inflation on Strong Trajectory to 2% Goal, Fed’s Collins Says

Federal Reserve Bank of Boston President Susan Collins said she sees inflation heading back to the central bank’s 2% goal even though the data may be volatile from month to month.

“I see a strong trajectory sustainably back towards 2%,” Collins told reporters Friday after concluding the first day of a conference hosted by the Boston Fed. “There may be unevenness, and there may be continued bumps along the way.”