Boston Fed President Susan Collins on Friday noted the threat that inflation still poses while saying she would be hesitant to support more rate cuts. An FOMC voter this year, Collins said last week she would have a “high bar” for supporting further reductions.
“I do think mildly restrictive policy is very appropriate right now. And, you know, and that makes me hesitant as I look forward to think about what the next policy moves should be,” she told CNBC.
