Saturday, 16 November 2024

Fed’s Collins: Won’t take a December easing off the table, doesn’t see big urgency

by BD Banks

  • Economy is in a very good place right now
  • No preset path for monetary policy
  • Won’t take a December easing off the table
  • What’s really elevated is shelter inflation, I’m not seeing evidence of new price pressures
  • I think it’s important to stay the course
  • Doesn’t see a big urgency to lower rates but wants to preserve a healthy economy
  • There are a lot of special factors in employment data but I see a labor market that’s similar to full employment
  • Won’t speculate about what Trump will do
  • Tariffs can be a driver of inflation

This article was written by Adam Button at www.forexlive.com.

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