Boston Fed President Susan Collins says likely to keep policy rates at current level for some time
Steve Liesman
Collins views monetary policy as mildly restrictive and wants it there
Steve Liesman
Financial conditions are tailwind for economic growth and economic activity holding up well
Steve Liesman
Additional monetary support risks slowing or stalling return of inflation to 2% target
Steve Liesman
Hesitant to ease further without evidence of further weakening in labor market
Steve Liesman
Wants to assess effects of 50 basis points easing since September before further adjustments
Steve Liesman
Critical mass of Fed officials either opposing rate cuts or suggesting slower pace
Steve Liesman
Market probability of December rate cut dropped from 64% to 61% after Collins comments
Steve Liesman
Substantial divide at Fed with potential for 3-4 dissents if cut happens, 5-6 opposing cuts
Steve Liesman