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Boston Fed President Susan Collins signaled openness to a rate cut as soon as next month.
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She flagged that higher tariffs might squeeze consumers’ purchasing power and weaken spending.
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Collins said she expects inflation to continue rising through the end of the year before resuming its earlier decline in 2026.
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She added she is open to a rate cut due to risks of weaker employment and higher tariffs.
This article was written by Arno V Venter at investinglive.com.