Fed’s Collins says inflation needs durable return to target
Federal Reserve Bank of Boston President Susan Collins says she will look over the coming months for evidence that inflation is durably returning to target, while noting less benign scenarios.
Disinflation Considered Most Likely Outcome Based On Limited Additional Tariffs, Progress On Reopening Strait Of Hormuz - Current MonPol Is "Mildly Restrictive" - Rise In Longer-Term Interest Rates Should Work Vs Re-Acceleration In Demand - Balanced Labour Market, Continued Productivity Growth, Could Also Support A "Gradual Disinflation" - There Are "Less Benign" Scenarios, Including Rising Inflation From AI Buildout, Supply Shocks