Fed’s Collins Says Interest Rates Are Still Mildly Restrictive
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Federal Reserve Bank of Boston President Susan Collins said there’s still evidence the central bank’s current policy setting is restraining the US economy and helping to slow inflation. “I continue to see rates as mildly restrictive,” Collins said Thursday in an interview with Bloomberg News on the sidelines of the Kansas City Fed’s annual economic symposium at Jackson Hole, Wyoming.