Odd Lots: Fed’s Collins on the Chances for Another Cut (Podcast)

In early November, it looked like almost a sure thing that the Federal Reserve would cut rates. Since then, the odds have come in dramatically, as a number of FOMC...

By Tracy Alloway, Joe Weisenthal · Bloomberg Markets

In early November, it looked like almost a sure thing that the Federal Reserve would cut rates. Since then, the odds have come in dramatically, as a number of FOMC members have been talking about persistent inflationary pressures. One such voice has been Susan Collins, the president of the Boston Fed. On this episode, she explains her thinking as to why, right now, she’s more concerned about inflation than she is about the labor market, and she tells us what she’d like to see before supporting a