Boston Fed's Collins Says It Would Be Appropriate To Raise Interest Rates 'Soon' Absent Evidence Of Sustained Disinflation
https://www.bostonfed.org/news-and-events/speeches/2026/perspectives-on-the-economy.aspx
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Why It Matters
A Federal Reserve leader said interest rates might go up soon if prices keep going up instead of coming down. When interest rates go up, borrowing money costs more, which can slow down how fast companies and people spend money.
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