- Analytics
- News and Tools
- Market News
- Fed Collins: The job market is coming to a better balance
Fed Collins: The job market is coming to a better balance
Federal Reserve Bank of Boston President Susan Collins emphasized that the US economy requires a period of moderation as a means to reattain the central bank's 2% inflation target.
Key Quotes
Demand will need to slow to get inflation to 2%.
Fed policy well positioned for current outlook.
Monetary policy is ‘moderately’ restrictive.
There are risks to cutting rates too soon.
Doesn’t expect productivity jump to be persistent.
Firm well positioned to absorb faster wage growth.
Recent inflation setbacks are not a surprise.
Optimistic fed can get 2% inflation in reasonable time frame.
Economy robust, job market coming into better balance.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
