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

Boston Fed’s Collins says ‘prudent to normalize policy a bit further this year’

In a speech titled “Assessing the Balance of Risks in the Economy”, Boston Fed President Collins said: “Economic growth remains solid, despite ... Read More

Fed's Collins presents benign economic outlook, emphasizes inflation and wage growth focus

Federal Reserve Bank of Boston President Susan Collins shared her economic outlook with local business leaders, touching on topics from inflation to employment trends. Read More

Fed's Powell says economy may be on firmer footing, but job market weak

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome ... Read More

Fed's Kashkari: Economy may not be slowing as much as we think

Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the two, "there's ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy ... Read More

Federal Reserve Bank of Boston’s Susan Collins says it’s prudent to cut rates a bit more in 2025

President Susan Collins said the US central bank should continue lowering interest rates this year to support the labor market, while keeping them high enough to make sure inflation remains in check. Read More

Why Friday's Inflation Report Is A Big Deal After This Week's Economic News

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More

Fed's Collins notes openness to cutting rates again, depending on data

NEW YORK (Reuters) -Federal Reserve Bank of Boston President Susan Collins said on Tuesday that she’s open to more interest rate cuts amid expectations price pressures will start to wane sometime next ... Read More

Fed’s Miran Says Economic Vulnerability Calls for Rapid Cuts

Federal Reserve Governor Stephen Miran said the US central bank risks damage to the economy by not moving rapidly to lower interest rates. “I don’t think the economy is about to crater. I don’t think ... Read More