More from Boston Fed president (voting member) Susan Collins:
- Achieving Fed’s mandate is about hitting goals over longer period of time.
- We don’t know exactly where maximum employment is.
- Over longer run, Fed goals are complementary.
- Changes in interest rate policy play out over different horizons
- Seeing some evidence of a slowdown in labor demand amid slowdown in labor supply growth
This article was written by Greg Michalowski at www.forexlive.com.