Boston Fed’s Collins flags rate-hike scenario as inflation risks tilt higher

In an interview, the Fed official said she is watching how households’ inflation expectations have drifted higher.

Fed’s Collins says she could envision the need for rate hikes

Boston Federal Reserve President Susan Collins said she envisions a prolonged stretch of steady interest rates, and could ...

Fed's Collins says rate hikes may be needed to curb inflation

Boston Federal Reserve President ​Susan Collins said on Wednesday the U.S. central bank may need to raise interest rates if ...

Federal Reserve Bank of Boston president Susan Collins favors holding rates steady for ‘some time’

If the war in the Middle East is resolved “relatively soon,” Collins expects this year to bring solid economic growth, a ...
Hoodline

Boston Fed Chief Breaks Ranks As Warsh Era Looms

Boston Fed President Susan M. Collins is pushing back on how the central bank talks about its next move. She said she aligned ...
Mainebiz

Boston Fed chief opposes near-term rate cuts, wary on inflation

Three months after U.S. central bankers last lowered borrowing costs, the head of the Federal Reserve Bank of Boston is urging a measured approach to monetary policy. “Monetary policy should be based ...
CNBC

Credit card APRs have an 'economically meaningful' impact on consumer spending, Boston Fed finds

When the annual percentage rate, or APR, on a credit card goes up, borrowers cut back on their credit card spending, according to a new research paper by the Federal Reserve Bank of Boston. Despite ...

Big Take: A Conversation with the Fed’s Susan Collins

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
AOL

The Fed is likely to cut rates for a third time this year. What happens next year is less certain.

After consternation about whether the Federal Reserve will cut interest rates for a third time this year, the consensus is that the central bank will likely go ahead with a 25 basis point cut on ...
National Law Review

The Exit Ramp for the Main Street Lending Program- FAQ M.6 and the Boston Fed’s Sale of Participation Interests

The Main Street Lending Program (MSLP), launched in 2020 as part of the federal response to the COVID-19 pandemic, provided billions in liquidity to small- and medium-sized businesses facing ...

Boston Fed’s Collins Says She Could Envision the Need for Rate Hikes

Boston Federal Reserve President Susan Collins said Wednesday she envisions a prolonged stretch of steady interest rates, and could envision a scenario that requires some policy tightening to ensure ...