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MNI: Collins Sees Lower Fed Rates To Keep Favorable Economy

Boston Fed president discusses her economic outlook.

MNI (WASHINGTON) - Federal Reserve Bank of Boston President Susan Collins said Tuesday interest rates will need to fall further to keep the economy in the good place where it is now. 

She's increasingly confident that inflation is headed back to the Fed's 2% target and the labor market is currently healthy, but said the risk that the economy could slow by more than needed is rising. 

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MNI (WASHINGTON) - Federal Reserve Bank of Boston President Susan Collins said Tuesday interest rates will need to fall further to keep the economy in the good place where it is now. 

She's increasingly confident that inflation is headed back to the Fed's 2% target and the labor market is currently healthy, but said the risk that the economy could slow by more than needed is rising. 

Keep reading...Show less