Fed split deepens as Collins says she would hesitate to support another cut


The US Federal Reserve building in Washington. — Reuters

BOSTON Federal Reserve President Susan Collins, who voted for both of the Fed's policy-rate reductions this year, said on Wednesday she sees a "relatively high bar" for additional easing in the near term, citing worries about elevated inflation.

"Absent evidence of a notable labor market deterioration, I would be hesitant to ease policy further, especially given the limited information on inflation due to the government shutdown," Collins said in remarks prepared for delivery to a bankers conference in Boston.

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Fed , interest rate , inflation , policy , Susan Collins

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