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Collins: Introductory Remarks at “Outlook 26: New England Economic Forum"
Federal Reserve Bank of Boston President & CEO Susan M. Collins delivered brief, opening remarks and introduced the keynote speaker, Michelle W. Bowman, Vice Chair for Supervision at the Federal Reserve Board, at Outlook 26: The New England Economic Forum. The event, hosted by the six New England Bankers Associations, is a forum for bankers and business leaders that focuses on sharing economic perspectives and insights.
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Thank you, President Hasner, for the kind introduction. It is an honor to speak at Florida Atlantic University, and I am glad to have the chance to talk with those here from the American Institute for Economic Research and the Shadow Open Market Committee. I especially appreciate the opportunity to discuss my economic outlook at the start of the new year. It is a task made considerably easier with the gradual return of federal government data, which was disrupted by last year's lapse in funding. The lack of data reinforced two long-held beliefs for me. One, how grateful I am for the dedicated service of the statistical agencies to keep policymakers, businesses, and the public informed about the state of the economy. And, two, how important it is to have access to an array of data beyond what those agencies provide. That includes data produced by the Federal Reserve System, state governments, and a wide variety of private-sector sources. All of those data sources inform my view of the economy and help me make monetary policy decisions. Today, I will start by sharing my outlook for the economy at the start of 2026. Next, I will discuss the implications of that outlook for the path of monetary policy. And, finally, I will discuss some recent developments in monetary policy implementation, which I know is of interest to many of you in this room. As a reminder, these views are my own and are not necessarily those of my colleagues. Fed's Jefferson: Current policy stance leaves us well-positioned to determine how much and when to adjust the policy rate. FED'S JEFFERSON: SOME UPSIDE RISKS REMAIN, BUT EXPECT INFLATION TO RETURN TO THE PATH TOWARD 2%. ... Fed's Jefferson cautiously optimistic for 2026 outlook, citing risks to employment and price stability goals
Good morning and thank you for the invitation to join you today.1 It is a pleasure to be with you here in Boston at the New England Economic Forum to share my outlook on the economy and monetary policy, and I would like to thank Kathleen Murphy, the CEO of the Massachusetts Bankers Association, for inviting me to speak at your first economic forum. I am ...