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Fed's Collins Says Rate Cut Could Come Later This Year

Federal Reserve Bank of Boston President Susan Collins said Wednesday that if the economy meets her expectations the central bank will likely be able to lower rates at some point later this year.


 

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Fed Minutes Show Officials Agreed on Restrictive Stance
Federal Reserve participants "viewed the policy rate as likely at or near its peak for this tightening cycle,” according to the minutes of the Dec. 12-13 Federal Open Market Committee meeting. Kailey Leinz reports.
Jan 03, 2024

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