Federal Reserve Bank of Boston President Susan Collins says she is still optimistic inflation will come down and the current environment calls for patience on rates. Speaking with Mike McKee on Bloomberg Television, Collins also discusses the state of the labor market and says the US presidential election "absolutely" does not impact the timing of rate cuts.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-04-12/fed-s-collins-sees-no-urgency-to-cut-interest-rates-in-near-term