Boston Federal Reserve President Susan Collins on Wednesday said she will be reluctant to support further interest rate cuts anytime soon with inflation still high and policymakers hampered by a lack of data due to the government shutdown. “Given my baseline outlook, it will likely be appropriate to keep policy rates at the current level for some time to balance the inflation and employment risks in this highly uncertain environment,” the central bank official said in remarks delivered in her home district. “I see several reasons to have a relatively high bar for additional easing in the near term.” Collins’s ... (full story)