Boston Fed Pres. Collins adds:
- I see risks is more balance between cutting too early and too late
- We should be taking time on policy.
- We expect we will see more of a decline in reserves, and will be paying attention to what point it might be appropriate to revisit QT
- Too early to tell if we are extracting the right signal from housing inflation data
This article was written by Greg Michalowski at www.forexlive.com. Source