A Conversation With Boston Federal Reserve Bank Head Susan Collins

Here in Finland, the idea that economics cannot be separated from geopolitics is hardly new. During the early 1990s, as the Soviet Union collapsed, Finland lost more than 10% of its GDP when trade with its eastern neighbour suddenly evaporated. Few countries know better the costs of ignoring geopolitical realities. Today, the rest of Europe is facing a similar reckoning. We find ourselves in a new world – one where policymakers can no longer confine themselves to traditional economic and financial variables. Now, we must factor “geoeconomics” into our analyses. The term was coined in 1990 by Edward Luttwak, who described geoeconomics as “the admixture of the logic of conflict with the methods of commerce”. It is not protectionism in the old sense of sheltering vulnerable industries. Instead, it is trade deployed as a tool of power, a strategy of influence and dominance. MORE ECB'S LAGARDE: POLICY RATE AT 2% GIVES ECB SPACE TO RESPOND IN THE CASE OF SHOCKS OR SHIFTING INFLATION RISKS #christinelagarde #monetarypolicy #ecb #eurozone #monetarypolicy #trade #tariffs #inflation ECB President Lagarde: Inflation risks seen as contained MORE ECB'S LAGARDE: 2-SIDED RANGE OF RISKS TO INFLATION, BALANCED RISKS TO GROWTH HAVE NARROWED SINCE LAST RATE MEETING #christinelagarde #monetarypolicy #ecb #eurozone #monetarypolicy #trade #tariffs #inflation

Fed's Collins: It may be appropriate to cut rates again if data supports easing. Fed's Collins: Supported the recent Fed rate cut given risks to Fed mandates. <=USD>:*COLLINS: MY INFLATION OUTLOOK SIMILAR TO MEDIAN FED PROJECTION *COLLINS: I DON'T EXPECT LABOR MARKET TO SOFTEN MUCH FURTHER *COLLINS: I STILL SEE MODESTLY RESTRICTIVE STANCE AS APPROPRIATE *COLLINS: SEE SOME RISK OF MORE MEANINGFUL UNEMPLOYMENT INCREASE Fed’s Collins: Can’t Rule Out Worse Outlooks For Inflation, Job Market While Inflation Threat Remains Upside Risks To Price Pressures Have Waned Baseline Outlook Is Relatively Benign Expects Hiring To Rebound Once Firms Acclimate To Tariffs $JPM $BAC Boston Fed's Collins cautious on future rate cuts amid inflation, labor risks

S&P Dow Jones Indices (S&P DJI) today released the July 2025 results for the S&P Cotality Case-Shiller Indices, formerly known as the S&P CoreLogic Case-Shiller Indices. "July's ...