Fed’s Collins believes rates may have peaked in current cycle
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<p>Boston Fed President Susan Collins highlighted that recent rise in long-term yields implies some tightening of financial conditions. “If it persists, it likely reduces the need for further monetary-policy tightening in the near term,” she noted in a speech yesterday. Such market dynamics further bolstered Collins’ perspective on the current tightening cycle led. “This reinforces […]</p>
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