Express
Fed's Collins: No Preset Path Set at September FOMC Meeting
Summary: In response to rumors, Fed's Collins stated that no preset path was set at the September FOMC meeting, with inflation risks still present. The Fed should focus on both aspects of its dual mandate. While inflation may remain elevated next year, it is expected to gradually return to target levels in the medium term.
In response to rumors, Fed's Collins stated that no preset path was set at the September FOMC meeting, with inflation risks still present. The Fed should focus on both aspects of its dual mandate. While inflation may remain elevated next year, it is expected to gradually return to target levels in the medium term.
