Boston Fed: No Hurry To Cut Rates

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Boston Fed President Collins says there’s no hurry to cut rates further: “We’re seeing continued growth near trend, an economy that’s much more closely aligned, and a labor market where I see the indicators as suggesting we’re near full employment, and that’s a good place to be.” “That means, in my view, that it’s really appropriate for policy to be patient, careful, and there’s no urgency for making additional adjustments, especially given all of the uncertainty.”

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