Boston Fed Chief Backs Gradual Rate Hikes
Boston Fed President Susan Collins stated she supports a steady pace of modest interest rate increases to manage economic uncertainties. She noted that two-sided risks and ongoing shocks argue against a more aggressive monetary policy approach.
Federal Reserve Bank of Boston President Susan Collins said on Saturday she favors a steady pace of modest interest rate increases to manage economic risks. The remarks signal support for a measured monetary policy path in the United States.
