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flag Fed's Collins urges keeping rates steady, citing inflation concerns and limited data.

flag Boston Fed President Susan Collins said the Federal Reserve should keep interest rates steady at 3.75% to 4% for now, citing a "high bar" for further cuts due to persistently elevated inflation and limited data from the government shutdown. flag She warned that premature easing could hinder progress toward the 2% inflation target, calling current rates "mildly restrictive." flag While noting a softening labor market, Collins emphasized the need for durable progress on inflation before cutting rates, reflecting growing caution among Fed officials amid internal divisions.

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