Fed Collins says interest rates must rise soon
Boston Fed President Susan Collins stated that United States interest rates will need to increase soon unless incoming data show a continued decline in stubborn inflation. Collins warned that the central bank cannot wait forever to achieve its price stability goals.
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Boston Fed President Susan Collins said the United States central bank may need to raise interest rates soon unless upcoming data shows a continued decline in inflation. The policy rate has remained in the 3.5% to 3.75% range since December as officials wait for price growth to cool. The warning comes as policymakers face persistent price pressures from tariffs, energy markets, and technology investments.
