Collins expects Iran war inflation pressures to subside
Fed official Susan Collins expects inflation from the Iran war to ease. She noted that rates may rise if price pressures do not eventually abate.
Xurve View
Xurve View
Boston Fed President Susan Collins told the Wall Street Journal on Wednesday that inflation pressures from the Iran war will eventually subside. Collins noted current price shocks mask evidence that underlying inflation in the United States is trending lower. Collins said the U.S. central bank may need to raise interest rates if inflation pressures do not abate.
