RSS Fed’s Collins advocates gradual and patient approach on rate cuts

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 RSS Fed’s Collins advocates gradual and patient approach on rate cuts

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Boston Fed President Susan Collins noted in a speech today that the economy is overall in a “good place” and inflation steadily retreating from its 2022 peak. She added that current monetary policy is already closer to a neutral stance, allowing Fed to proceed with a “gradual and patient approach” as it evaluates further steps. […]

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