Fed's Collins: Further tightening possible, though "patience" required

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."

Sep 22, 2023 - 20:30
Fed's Collins: Further tightening possible, though "patience" required
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."