Fed's Collins Says Disinflation Efforts Can Challenge Housing Sector
Collins said efforts to lower inflation can create challenges for the housing sector.
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02:10:10 PM UTC
SquawkNews
Federal Reserve Bank of Boston President Susan Collins said Friday delivering price stability is of long-term benefit for the housing market even though that effort can create headwinds for the sector in the near term.“The higher interest rates sometimes needed to cool the economy and keep inflatio…