Fed President: Cautious Approach to Interest Rates
Update: 2025-11-12
Description
Boston Federal Reserve President Susan Collins advocates for a cautious approach to interest rates, suggesting that the hurdle for further cuts is high. She believes maintaining current rates is crucial to managing inflation and employment risks in the uncertain economy. Collins warns against lowering rates due to potential inflation risks and limited inflation data from the recent government shutdown. Other Fed officials share her cautious stance, emphasizing the urgency of inflation over job market concerns.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
