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Fed’s Collins Says Inflation Fight Outweighs Housing Woes

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Fed’s Collins Says Inflation Fight Outweighs Housing Woes Federal Reserve Bank of Boston President Susan Collins signaled Friday that tighter monetary policy may be needed to cool prices. In a speech centered on the housing market, Collins said higher interest rates can limit housing affordability. Still, she added, ensuring price stability will benefit both the housing market and the overall economy in the long run.

Fed’s Collins Says Inflation Fight Outweighs Housing Woes Federal Reserve Bank of Boston President Susan Collins signaled Friday that tighter monetary policy may be needed to cool prices. In a speech centered on the housing market, Collins said higher interest rates can limit housing affordability. Still, she added, ensuring price stability will benefit both the housing market and the overall economy in the long run.
Fed (ORG) Collins (PERSON) Inflation Fight Outweighs Housing Woes Fed’s (PERSON) Inflation Fight Outweighs Housing Woes Federal Reserve Bank (PERSON) Boston (LOCATION) Susan Collins (PERSON)
Originally published by Bloomberg Markets Read original →