Boston Fed President Susan Collins signals interest rates will remain restrictive for some time

May 13, 2026, 3:31:01 PM UTC(4 hours ago)
Impact: Medium
Boston Fed President Susan Collins signals interest rates will remain restrictive for some time

Affected Assets

  • Boston Fed President Susan Collins stated that current monetary policy is well positioned to manage risks while inflation returns to the two percent target
  • She emphasized that interest rates will likely need to stay at their current restrictive levels for some time to ensure price stability
  • Collins noted that recent economic data shows a healthy labor market but cautioned that progress on inflation may be uneven
  • Market analysts interpret her comments as a signal that the Federal Reserve is in no rush to begin cutting interest rates in the immediate future

Sources

COLLINS: RIGHT NOW FED POLICY 'WELL POSITIONED' TO DEAL WITH RISKS COLLINS: EXPECTS FED WILL NEED TO KEEP RESTRICTIVE POLICY 'FOR SOME TIME'
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