Sat, Feb 04, 2023 @ 08:15 GMT
HomeLive CommentsFed Collins: More measured rate adjustments better in the current phase

Fed Collins: More measured rate adjustments better in the current phase

Boston Fed President Susan Collins said, “I anticipate the need for further rate increases, likely to just above 5%, and then holding rates at that level for some time.”

But she also added, “more measured rate adjustments in the current phase will better enable us to address the competing risks monetary policy now faces – the risk that our actions may be insufficient to restore price stability, versus the risk that our actions may cause unnecessary losses in real activity and employment.”

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