Fed's Collins says inflation to stay above 2% on high energy prices, data-center buildout

Federal Reserve Bank of Boston President Susan Collins expects inflation to stay above 2% on high energy prices but to gradually cool to target, with the data-center buildout pressuring readings. She said the Fed is not rethinking its 2% target and that officials are aware higher rates can create challenges amid elevated uncertainty.

Detected & updated continuously · Source: Nebula