Free Trial
SOY TECHS

(F3) Pullback Considered Corrective

EQUITIES

Emini edges higher

COPPER TECHS

(H3) Support Seen At The 50-Day EMA

US

MNI POLITICAL RISK - US Daily Brief

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI: Fed's Collins Says Data Hasn't Altered View Of Rate Peak

(MNI) WASHINGTON

Boston Fed President expects additional increases in the federal funds rate.

Federal Reserve Bank of Boston President Susan Collins said Friday that recent positive data has not changed her view of what is needed to return inflation to 2% over time.

In remarks prepared for delivery at a Boston Fed conference focused on labor markets, Collins said restoring price stability "will require additional increases in the federal funds rate, followed by a period of holding rates at a sufficiently restrictive level for some time.

Keep reading...Show less
330 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Federal Reserve Bank of Boston President Susan Collins said Friday that recent positive data has not changed her view of what is needed to return inflation to 2% over time.

In remarks prepared for delivery at a Boston Fed conference focused on labor markets, Collins said restoring price stability "will require additional increases in the federal funds rate, followed by a period of holding rates at a sufficiently restrictive level for some time.

Keep reading...Show less