Fed’s Collins Says Rate Hike Will Help Return Inflation to Goal

Federal Reserve Bank of Boston President Susan Collins said she supported last week’s decision to raise interest rates, which she said would help bring inflation back to the central bank’s...

By Maria Eloisa Capurro · Bloomberg Markets

Federal Reserve Bank of Boston President Susan Collins said she supported last week’s decision to raise interest rates, which she said would help bring inflation back to the central bank’s 2% target.