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Boston Fed President Collins: No decision yet on whether to support a rate cut in December.
According to Golden Finance, Boston Fed President Susan Collins stated that she has not yet decided how to vote at the next Fed policy meeting, a day after suggesting a possible inclination to keep the Intrerest Rate unchanged. “I haven't made a decision, and I won't make a decision until I actually attend the meeting,” Collins told reporters during a break at the Boston Fed's annual economic conference on Saturday. “More data will be released.” As a member with voting rights on the Fed's rate-setting committee this year, Collins expressed hesitation about a rate cut in December earlier this week, citing persistent inflation and the current policy being only moderately restrictive.