Fed's Collins: Fed has more work to do to bring inflation down – by eren_fxstreet Fed CentralBanks
The US Federal Reserve has more work to do to bring inflation down, Federal Reserve Bank of Boston President Susan Collins said on Friday, as reported by Reuters.
"Restoring price stability remains the current imperative and it is clear that there is more work to do,” Collins explained. "I expect this will require additional increases in the federal funds rate, followed by a period of holding rates at a sufficiently restrictive level for some time."Information on these pages contains forward-looking statements that involve risks and uncertainties.
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