Fed's Collins (2028 voter) says quite likely to hold current rates for some time; Policy is mildly restrictive and may be close to neutral; recent job data has been promising; job market softened last year but wasn't soft
Importance
Level 1
- Wants more confidence that inflation is easing
- Baseline view is that inflation will wane later this year.
- Latest tariff news hasn't changed the outlook much.
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