Boston Fed President Susan Collins signaled openness to a rate cut as soon as next month.
She flagged that higher tariffs might squeeze consumers’ purchasing power and weaken spending.
Collins said she expects inflation to continue rising through the end of the year before resuming its earlier decline in 2026.
She added she is open to a rate cut due to risks of weaker employment and higher tariffs.
Boston Fed’s Collins open to rate cut amid tariff and job risks
- Collins signaled openness to a cut as soon as next month, citing tariff pressures and potential labor market weakness despite near-term inflation risks.
