Boston Fed President: lower inflation will allow the Fed to cut rates soon
Boston Fed President Collins, a member of the 2025 FOMC vote, said in an interview that the Fed will likely start easing its interest rate restrictions if inflation continues to fall while the labour market remains strong. Collins added that the US labour market remains strong despite the latest jobs data coming in below expectations. She warned that while inflation is returning to the 2 per cent target level, it is doing so at a slower pace than expected.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Antalpha supports XAU₮-physical gold redemption in Hong Kong, with T+1 rapid gold bar withdrawal
Malaysian royal family member launches ringgit-backed stablecoin
Australian ASIC Expands Regulatory Exemptions for Stablecoin Intermediaries