Fed's Collins hints at the need to continue tightening policies, stating that fighting inflation takes precedence over housing difficulties
2026-11-13 22:48:43
According to CoinMeta, Boston Federal Reserve Chairman Collins hinted on Friday that it might be necessary to tighten monetary policy to cool down prices. In a speech focused on the housing market, Collins stated that higher interest rates could limit the affordability of housing. However, she also added that in the long run, ensuring price stability would be beneficial for both the housing market and the overall economy. She pointed out that in the short term, in order to cool down the economy and control inflation, higher interest rates might make the cost of buying and building homes more expensive, but in the long run, stable prices can create a predictable economic environment, which is beneficial for the housing market.
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Source:Jin10 Data
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