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Boston Fed’s Susan Collins Says Leaning Toward 25 Bps Rate Hike At Next Policy Meeting: NYT

Susan M. Collins, president of the Federal Reserve Bank of Boston, reportedly said she was leaning toward a 25 bps interest rate hike at the next FOMC meeting – a slowing down in the pace of rate hike compared to the large increases adopted by the central bank throughout last year in its fight against inflation.