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Speech
Remarks for the National Association of Corporate Directors New England Chapter
Susan Collins shared remarks during a National Association of Corporate Directors (NACD) New England Chapter meeting, covering aspects of the economy she recently discussed at the Economic Club of New York.
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.
Speech
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.
Briefing
Inflation Expectations and Price Setting Among Fifth District Firms
Evidence from a Federal Reserve Fifth District survey indicates that businesses become more reactive to inflation as it rises, but much of that reactivity reverses as inflation ebbs. Moreover, the survey indicates that inflation expectations matter to how most firms set their prices. How much inflation expectations matter and for whom they matter are essential questions for policymakers as they seek to maintain price stability.
Speech
All About Data
Remarks at Binghamton University, Binghamton, New York.
Speech
‘E’ Is for Equipoise
Remarks at the Council on Foreign Relations, New York City.
Speech
Landing Softly Is Just the Beginning
Speech to New York University Stern School of Business, New York, NY, October 15, 2024, by Mary C. Daly, President and Chief Executive Officer, Federal Reserve Bank of San Francisco.
Speech
Attaining and Maintaining Price Stability
Remarks at the Money Marketeers of New York University, New York City.
Speech
Remarks for the Panel Discussion “Why Did We Miscast Inflation?”
Inflation remains too high, and recent data – including several strong labor market indicators, as well as faster than expected retail sales and producer price inflation – all reinforce my view that we have more work to do, to bring inflation down to the 2 percent target. While optimistic there is a path to restoring price stability without a significant downturn, I am also well aware of the many risks and uncertainties, including the risk of a self-fulfilling loss of business and consumer confidence.