Boston Fed’s Collins Urges ‘Actively Patient’ Approach on Rates

Federal Reserve Bank of Boston President Susan M. Collins said the U.S. central bank should adopt an "actively patient" stance as it navigates an uncertain economic outlook. Speaking on Tuesday, Collins acknowledged that setting the appropriate level of monetary policy has become increasingly challenging amid conflicting economic signals. Collins did not signal an imminent change in the federal-funds rate, instead emphasizing the need for policymakers to let existing settings work through the economy while closely monitoring incoming data. Her remarks suggest the Federal Open Market Committee is likely to keep rates steady in the near term, balancing concerns about inflation persistence with signs of slowing growth.