Boston Fed’s Collins flags inflation too high, labor near full employment
Boston Fed President Susan Collins says inflation remains too high for price stability and says the labor market is consistent with full employment, without citing specific data in the feed.
Story updates
02:07:35 PM UTC
SquawkNews
Boston Fed's Collins Says Sharply Reduced Immigration And Population Aging Should Keep Labor Force And Labor Demand In Balance; Concerns About High Prices Are Pervasive Among Contacts In New England Region; Will Be Looking For Evidence In Coming Months That Inflation Is Durably Returning To 2%; Consider Disinflation The Most Likely Outcome Based On Limited Additional Tariffs, Progress On Reopening Strait Of Hormuz; Current Monetary Policy Mildly Restrictive
02:13:01 PM UTC
SquawkNews
Boston Fed's Collins Says Maintaining The Current Policy Rate Will Require 'Continued Evidence' That Inflation Is Falling; Flags 'Less Benign' Scenarios Including Rising Inflation From The AI Buildout, Supply Shocks
02:14:40 PM UTC
SquawkNews
Boston Fed's Collins Says It Would Be Appropriate To Raise Interest Rates 'Soon' Absent Evidence Of Sustained Disinflation
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.