Fed's Collins says 'gradual path' of rate hikes is best for the economy

Résumé détaillé

Boston Fed President Susan Collins says gradual rate hikes remain appropriate, though price and labor data could push rates higher over the next year.

Federal Reserve Bank of Boston President Susan Collins on Saturday said that a "steady, gradual path seems appropriate" of modest interest rate hikes is the best way forward for monetary policy and the economy.

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