Published Date
Apr 11, 2024
In a speech to the
Economic Club of New York, Collins said while she was worried interest rates were becoming too high at the beginning of the year, strong jobs reports since then have shown the labor market is moving into better balance. “The Importance of a Patient, Methodical, and Holistic Approach to Monetary Policy." Furthermore, recent elevated inflation prints were not necessarily a surprise given how quickly the rate of inflation declined in the second half of 2023.