Fed officials flag further hikes even after holding steady | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Ledyard Names Charles Petersen to its Board of Directors itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.
Fed's Susan Collins says rates may need to stay higher for longer americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
Further Federal Reserve interest rate increases are "not off the table" with inflation still not clearly contained, Boston Federal Reserve President Susan Collins said in remarks on Friday backing the current central bank outlook for interest rates to remain "higher, and for longer." Collins tempered her outlook by saying that the current environment required "considerable patience" from policymakers to be sure they get the right signal from data they are studying to be confident inflation is on a steady downward track back to their 2% target. On that front recent inflation data has been "encouraging," Collins said in prepared remarks to the Maine Bankers Association, but not yet convincing.