Boston Fed's Collins Says Rise In Longer-Term Interest Rates Should Work Against A Re-Acceleration In Demand
https://www.bostonfed.org/news-and-events/speeches/2026/perspectives-on-the-economy.aspx
A Federal Reserve leader explained that when long-term interest rates go up, it makes borrowing more expensive for big purchases, which should slow down how fast people spend money. This is how the Fed tries to keep the economy from growing too fast and causing problems.
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