The Boston Federal Reserve President said in remarks on Friday that recent inflation data has been ‘encouraging’
Further Federal Reserve interest rate increases are “not off the table” with inflation still not clearly contained, Boston Federal Reserve President Susan Collins said in remarks on Friday backing the current central bank outlook for interest rates to remain “higher, and for longer.”
On that front recent inflation data has been “encouraging,” Collins said in prepared remarks to the Maine Bankers Association, but not yet convincing.
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