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Keywords:maximum employment 

Speech
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.
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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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A New Chapter for the FOMC Monetary Policy Framework

Remarks at "In Conversation: New York Fed Presidents on COVID-19" (Bretton Woods Committee Webinar).
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Fulfilling our economic potential: remarks at the Association for Neighborhood & Housing Development 2019 Annual Conference, New York City

Remarks at the Association for Neighborhood & Housing Development 2019 Annual Conference, New York City.
Speech , Paper 316

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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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Remarks at the Women’s Leadership Conference with the Vermont Bankers Association

The speech touched on three topics: 1) the economy and monetary policy; 2) the Boston Fed; and 3) thoughts on leadership challenges and opportunities, especially for women.
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Creating An Economy That Works for All: Remarks at the Bunker Hill Community College 2023 Convocation

To build a vibrant, inclusive economy, we need the best ideas, energy, and participation from everyone. Community colleges play a critical role in this important work by providing affordable, accessible higher education and essential skill development – ultimately strengthening our economy and society.
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Remarks to the Boston Economic Club: The Economy’s Performance and Outlook, and Implications for Policy

It is important to recognize that the path the economy takes toward the Fed’s mandated goals may continue to be bumpy and uneven, and we should not overreact to individual data points. To President Collins' thinking, that reflects the realities of a unique and challenging pandemic and the economic recovery from it. Expecting all indicators to be well aligned is too high a bar, but seeing sustained, broadening signs of progress should provide the necessary confidence she would need to begin a methodical adjustment to our policy stance.
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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.
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