Fed’s Collins: Inflation mixed; policy remains restrictive
Fed’s Collins said recent inflation data was mixed and PCE did not change the view of restrictive policy leading to gradual disinflation. Policy rate is described as mildly restrictive.
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Fed’s Collins said recent inflation data was mixed and PCE did not change the view of restrictive policy leading to gradual disinflation. Policy rate is described as mildly restrictive.
Fed policymaker Collins says the current monetary policy is mildly restrictive, offering a directional read on the stance rather than providing new data or figures.