Boston Fed President Susan Collins Analyzes Impact of Inflation Data on Economy

Wednesday, 8 May 2024, 16:51

Boston Fed President Susan Collins addressed the recent unwelcome inflation data, suggesting that while not surprising, it highlights the need for further economic slowdown to alleviate price pressures. Her remarks indicate a cautious approach towards managing inflation in the upcoming months.
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Boston Fed President Susan Collins Analyzes Impact of Inflation Data on Economy

Impact of Recent Inflation Data

Boston Fed President Susan Collins recently commented on the unwelcome news regarding inflation, emphasizing the need for economic moderation.

Key Points:

  • Rapid Progress: Collins stated that the inflation data was not unexpected, attributing it to the rapid progress seen last year.
  • Price Pressures: She highlighted the necessity of slowing down the economy to manage price pressures effectively.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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