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Collins: The Economy’s Performance and Outlook, and Implications for Policy
video Takeaways from Boston Fed President Susan M. Collins’ February 7, 2024 remarks. 1. The U.S. economy overall performed remarkably well in 2023. Inflation slowed notably last year, while the job market remained quite favorable. These very encouraging trends have reinforced Collins’ optimism that we are on a path to price stability with a healthy job market. 2. However, Collins says she will need to see more evidence that the disinflationary process will continue before beginning to carefully adjust the monetary policy stance. Recent developments in the economic data highlight that progress toward achieving ... (full story)
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❖ COLLINS: LIKELY WILL BE APPROPRIATE TO EASE 'LATER THIS YEAR'
— *Walter Bloomberg (@DeItaone) February 7, 2024
❖ FED’S COLLINS: NEED MORE EVIDENCE TO CONSIDER RATE CUTS
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FED’S COLLINS: WHEN CUTS START, THEY SHOULD BE GRADUAL AND METHODICAL || FED’S COLLINS: SUPPORTED FOMC DECISION TO KEEP RATES STEADY LAST WEEK || FED’S COLLINS: NEEDS MORE DATA BEFORE SUPPORTING RATE CUT
— First Squawk (@FirstSquawk) February 7, 2024
FED’S COLLINS: STRONG JANUARY JOBS DATA SHOWS WHY CAUTION WARRANTED ||…