All options should be open for the Fed
Nick Timiraos from the WSJ in an interview with Fed's Collins, reports that Collins thinks:
- All options it should be on the table at the Fed's next meeting including a 75 or 25 basis point hike
- It is time to shift from a this really rapidly increasing to a more measured focus, deliberate focus
- Continued to believe that the Fed could slow the economy enough to bring inflation down to its 2% goal over time without a severe recession
- She was worried about causing unnecessary weakness to the labor market in pursuit of lower inflation
- The pathway in which we’re able to bring inflation down…without a significant downturn—it’s important for that pathway to be recognized
- I do worry that the presumption by some that a recession is almost inevitable is not helpful because I truly do not see it that way.
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