Search Results
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                                            Perspectives on the Economy, and on the Opportunities Ahead
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    Speech to the Greater Boston Chamber of Commerce.  In her first speech as president of the Boston Fed, Susan Collins touched on a broad range of topics, including monetary policy, her vision as leader of the Boston Reserve Bank, and the work being done at the Bank to support a vibrant regional and national economy.
                                                                                                
                                            
                                                                                
                                    
                                                                                    Conference Paper
                                                                                
                                            General discussion: modeling inflation after the crisis
                                        
                                        
                                        
                                        
                                                                                
                                    
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                                            Supply Factors and the Evolution of the Economy
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    Federal Reserve Bank of Boston President & CEO Susan M. Collins delivered the 2025 Razin Economic Policy Lecture on “Supply Factors and the Evolution of the Economy” at Georgetown University. President Collins says her outlook for both economic activity and inflation remains clouded by significant uncertainty, as well as competing risks. She notes supply-side factors have been underappreciated in “understanding how the economy has evolved,” which is “critical for assessing its likely trajectory.” Looking ahead, President Collins expects supply factors will continue to play a key ...
                                                                                                
                                            
                                                                                
                                    
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                                            Observations on the Economy’s Performance and Outlook
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    The U.S. economy overall performed remarkably well in 2023: inflation slowed notably, while job growth and output growth remained quite strong. Importantly, the pandemic recovery has been unusually equitable, with employment gains having been broadly shared across racial and ethnic groups.
                                                                                                
                                            
                                                                                
                                    
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                                            Opening Remarks for Sessions on Men and Women in the Workforce
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    The widely followed overall unemployment rate is the standard measure for the state of the U.S. labor market. But underneath that single statistic are wide-ranging differences across geographies, and demographic groups. No one statistic can adequately characterize the labor market because aggregate numbers can mask the wide range of experiences across people, sectors, and places. Uneven labor market outcomes call for a full and focused exploration, motivated by our duty to pursue the Fed’s maximum employment mandate.
                                                                                                
                                            
                                                                                
                                    
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                                            The Importance of a Patient, Methodical, and Holistic Approach to Monetary Policy
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    Susan Collins shared her perspectives on the U. S. economy and monetary policy, as the Fed works to achieve its mandates from Congress and support a vibrant economy that works for all.   She started with an overview, briefly discussed some supply- and demand-side aspects of the economy, and ended with comments about her outlook and monetary policy.
                                                                                                
                                            
                                                                                
                                    
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                                            Reflections on Uncertainty and Patience in Monetary Policymaking
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    Susan Collins remains optimistic that inflation can be brought back to 2 percent in a reasonable amount of time and with a labor market that remains healthy. Stronger-than-anticipated inflation and economic activity suggest that achieving the Fed’s dual mandate goals may take longer than previously thought, and progress may be uneven.
                                                                                                
                                            
                                                                                
                                    
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                                            Perspectives on the Economy and Policymaking
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    Susan Collins reviews a wide range of information to assess the evolving economy. She looks for patterns and trends showing sustained reductions in inflation, and progress on the underlying goal of bringing demand and supply back into better balance. She notes that price stability is essential for a well-functioning economy and an important precondition for maximum employment that is sustainable over time.
                                                                                                
                                            
                                                                                
                                    
                                                                                    Conference Paper
                                                                                
                                            General discussion: monetary policy and stock market booms
                                        
                                        
                                        
                                        
                                                                                
                                    
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                                            Perspectives on the Economy and Policy
                                        
                                        
                                        
                                        
                                                                                    
                                                                                                    Federal Reserve Bank of Boston President & CEO Susan M. Collins provided remarks and participated in a conversation about monetary policy, the breadth of the Federal Reserve's work, and her career path, at the University of Michigan’s Gerald R. Ford School of Public Policy. In her remarks, Collins said she sees the economy “in a good place overall, with inflation heading back to the 2 percent target amid a healthy labor market.” The primary job for monetary policy in this context is sustaining these favorable conditions going forward.