- Comments from Collins
- Doesn’t think it’s helpful to designate a pre-set path
- We may be near a place where we can hold rates
- It’s likely that we will need to hold for a substantial period of time
- More Fed rate hikes are possible
- Hasn’t seen as much progress as hoped in core-services ex-housing
- Housing is a big challenge for the economy
- Mindful about how an easing in inflation would affect the policy stance
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- Source: https://www.forexlive.com/centralbank/feds-collins-at-this-stage-its-appropriate-to-be-patient-20230824/
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