Fed's Collins Favors Keeping Rates on Hold for ‘Some Time’

Boston Fed President Susan Collins said interest rates should remain on hold for "some time" because she remains concerned about elevated inflation. The remarks reinforce a hawkish policy stance and suggest the Fed is not prepared to cut rates soon. This is market-wide relevant for rates, bonds, and risk assets.

Analysis

Boston Fed President Susan Collins said interest rates should remain on hold for "some time" because she remains concerned about elevated inflation. The remarks reinforce a hawkish policy stance and suggest the Fed is not prepared to cut rates soon. This is market-wide relevant for rates, bonds, and risk assets.