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Fed's Collins Backs One More 25BP Hike, Hold Through Year-End

EMERGING MARKETS
  • (MNI) - Separately, Boston Fed President Susan Collins said Thursday an additional 25 basis point hike would reasonably balance risks to bring inflation down, while recent banking developments will likely tighten lending standards and additionally help to reduce price pressures.
  • The Boston Fed chief expects holding interest rates there through the end of the year. "Of course, I’ll be carefully watching a range of indicators including data on inflation, spending, labor markets, and financial conditions."

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