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Collins: Perspectives on the Economy and Financial Landscape
It is a pleasure to join you today for the Boston Fed’s 24th annual Regional and Community Bankers Conference. I want to thank all of you for attending, and for the constructive engagement that you have with the Federal Reserve. The “North Star” for us at the Boston Fed is a vibrant economy that works for everyone. That requires a resilient financial and banking system. The Federal Reserve supports that in a number of ways – and constructive engagement, with banks and many other stakeholders, is a key ingredient. I believe it is essential for us at the Federal Reserve to listen well to the stakeholders in all ... (full story)
Added at 3:03pm
Added at 3:05pm
- - Fed's Collins warns that additional monetary support may hinder inflation's return to 2%
- Current Fed policy is mildly restrictive; financial conditions support growth
- Anticipates modest unemployment rise, with tariffs keeping inflation high into early 2026
- No increase in downside employment risks noted since Summer
- Limited inflation data available due to government shutdown
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