Boston Fed President Collins said the Federal Reserve should continue to cut interest rates this year, and it is also possible to do nothing in the future; Federal Reserve Governor Bowman is firm that interest rates will be cut twice this year. Both are concerned about employment and believe that tariffs will not lead to sustained inflation. click to view
On February 4, the Federal Reserve Collins said that the Federal Reserve should be patient and cautious in its policy, and there is no need to rush to adjust interest rates. There is no urgency to cut interest rates again. The Federal Reserve should be patient and cautious in its policy, and there is no need to rush to adjust interest rates. At some point in the future, it is expected to see further normalization of interest rates. (Golden Ten)
The "terror data" exceeded expectations, the Federal Reserve Collins said it did not see an urgent need to cut interest rates, Netanyahu's private house was attacked again, Ukraine worked hard to ensure a diplomatic end to the Russian-Ukrainian conflict next year... What major events have happened around the world since last Friday?
The Fed, Mr. Collins said, would not rule out easing in December. The economy is in very good shape. Modest easing is appropriate at the right time. There is no evidence of new price pressures. Tariffs could be a driver of inflation.
"Another rate cut in December is clearly under consideration, but not yet finalized," Collins said. "There is no sign of price pressure at this time. More data will be released before December, and we will have to continue to evaluate reasonable interpretations."
The Federal Reserve's Collins said it expects core inflation to return to 2% in 2025; high price levels are a challenge for many; and the optimistic outlook for the economy has broadened.
The Federal Reserve's Collins said that there is growing confidence that inflation will return to 2% in time; it is expected that the US inflation rate will fall to 2% in the context of a healthy job market; the current data shows that the US job market is generally healthy; in terms of interest rate cuts, a cautious, data-based approach is appropriate; the need to focus on maintaining the good state of the US economy; the US economy There is a risk of downside more than necessary.
The Federal Reserve Collins said that the data will guide the pace of subsequent interest rate cuts. It is an appropriate time to start cutting interest rates soon, and it may be appropriate to take a gradual and methodical pace of rate cuts once the Fed is in a different policy stance. (Jin Ten)