Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts

Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts


Key Points
  • Boston Fed President Susan Collins said she will be reluctant to support further rate cuts anytime soon with inflation still high and policymakers hampered by a lack of data.
  • “I see several reasons to have a relatively high bar for additional easing in the near term,” said Collins, a voter this year on the Federal Open Market Committee.



Source

SEC Commissioner Hester Peirce on ETFs: ‘We want to work with people on new products’
Finance

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Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory this year
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Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory this year

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