More from Fed's Collins: Economic risks have come into better balance
More from Boston Fed Pres. Collins:Economic risks have come into better balanceImportant for Fed to be sure it's on path to lower inflationFed doesn't need to go all the way back to 2% inflation to easeSees limits to supply chain improvement aiding lower inflation. Jury is out when it comes to neutral rate levelIt's possible future interest rate might be higher than pre-pandemic levelsIn future deflation risks likely lower relative to before pandemicRecent data has been quite volatile This article was written by Greg Michalowski at www.forexlive.com.
More from Boston Fed Pres. Collins:
- Economic risks have come into better balance
- Important for Fed to be sure it's on path to lower inflation
- Fed doesn't need to go all the way back to 2% inflation to ease
- Sees limits to supply chain improvement aiding lower inflation.
- Jury is out when it comes to neutral rate level
- It's possible future interest rate might be higher than pre-pandemic levels
- In future deflation risks likely lower relative to before pandemic
- Recent data has been quite volatile