Boston Fed's Collins Backs Gradual Rate Increases as Inflation Broadens
Boston Fed President Susan Collins supports further rate increases but favors a gradual approach, according to the report.
By Megan LeonhardtBoston Federal Reserve President Susan Collins is on board with more higher interest rates, but she's a fan of a gradual approach — further piling on to expectations that a December rate increase is a lock and strengthening the case for 2027 hikes."I would currently see a steady…