Boston Fed president Collins signals her support for rate cuts
By
Josh White
Last Updated
In an interview with Fox Business, Collins highlighted the significant progress in reducing inflation, which she believed was now on a sustainable downward trajectory.
Coupled with a generally strong labour market, Collins asserted that it was an opportune time to begin easing monetary policy.
She also emphasised the importance of a gradual and methodical approach to ensure the continued health of the labour market as the policy stance shifts.
“I think a gradual, methodical pace once we are in a different policy stance is likely to be appropriate,” Collins said.
Reporting by Josh White for Sharecast.com.