The official said as the new year starts, “inflation is down significantly from its 2022 peak, and the data continue to point to a gradual, if uneven, trajectory back to the Fed’s 2 percent target.” ...

The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.

Collins offered no firm views about where she expects monetary policy to go but said that broadly her views on rate policy and the economy were in alignment with the forecasts released by the Fed ...

Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress on cooling inflation will likely be slower this year than previously ...

The rate has come down after touching 4.3% in July. Collins, who is a voting member of the Fed's interest-rate committee this year, said current labor-market conditions are unlikely to be a source ...

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...

Many Fed officials have said it’s now appropriate to slow down the pace of rate cuts as inflation remains above their 2% target and the labor market healthy. Collins, who will vote on this year ...

The Fed’s “policy is well positioned to adjust as required to evolving conditions – holding at the current level for longer if there is little further progress on inflation, or easing sooner if the ...

The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday. “My concerns about ...