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Fed’s Collins Says Holding Rates Hangs on Inflation Progress

Fed’s Collins Says Holding Rates Hangs on Inflation Progress

Key Highlights

  • Federal Reserve Bank of Boston President Susan Collins said she supported holding interest steady for now, but conditioned that on seeing more progress in bringing inflation back toward the central bank’s 2% target.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

Federal Reserve Bank of Boston President Susan Collins said she supported holding interest steady for now, but conditioned that on seeing more progress in bringing inflation back toward the central bank’s 2% target.

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