Economy News Fed S Collins Says Economy May Need To Weaken To Get 2 Inflation

Fed’s Collins says rising inflation is ‘somewhat less likely’

Federal Reserve Bank of Boston President Susan Collins said on Monday that she backed last week’s 25 bps interest rate cut and changed her mind ... Read More

Fed’s Collins says cut was close call, balance of risks shifted

Federal Reserve Bank of Boston President Susan Collins said she supported last week’s interest rate reduction, but the decision was a “close call” because she remains concerned about elevated ... Read More

Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.

Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ... Read More

Fed's Collins Warns Fragmented Global Economy Could Push up Inflation

BOSTON (Reuters) -Federal Reserve Bank of Boston President Susan Collins said Friday that a retreat from an integrated global economy could complicate the central bank’s work and push up price ... Read More

Jerome Powell’s era of consensus at the Fed is over

Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending a period of consensus that has defined Chair Jerome Powell’s leadership of the central bank. The ... Read More

Chicago Fed president on the economy’s mixed signals

Inflation is showing fresh signs of cooling, ticking up 2.7% year-over-year, lower than many economists had expected. It follows the release of a delayed jobs report that showed weak growth and the ... Read More

Fed's Collins warns of rising economic fragmentation, signals rate pause

Federal Reserve Bank of Boston President Susan Collins warned Friday that a more volatile and fragmented global economy could lead to higher inflation and interest rates. While not affecting her ... Read More

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have sharply slowed their hiring this year, ... Read More