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Boston Fed's Collins Backs Holding Rates Steady, Seeks Statement Adjustment

GateNews
Forex
According to financial media reports, Boston Federal Reserve President Neel Kashkari Collins stated she supports maintaining interest rates unchanged but wants to adjust the policy statement's wording to avoid language suggesting rate cuts. Collins noted that more officials want the Fed to send clearer signals that the next policy move could be either a rate cut or increase. She emphasized rates may remain unchanged for a "longer period" and highlighted concerns about persistent inflation, saying policymakers need to reassess appropriate policy.
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