• Fed's Collins backs a slowdown on rate hikes, but is data dependent

Market news

11 January 2023

Fed's Collins backs a slowdown on rate hikes, but is data dependent

The New York Times reported that the Boston Federal Reserve's Susan Collins backs a slowdown in rate increases. 

Collins was reported saying that she was leaning toward a quarter-point move at the central bank’s February 1 meeting.

More to come...

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