Fed's Collins says economy may need to weaken to get 2% inflation
Snippet of Article: "Federal Reserve Bank of Boston President Susan Collins said on Wednesday that the U.S. economy needs to cool off ...“A slowdown in activity will be needed to ensure that demand is better aligned with supply for inflation to return durably...Then, officials maintained their overnight target rate range at between 5.25% and 5.5%... Collins also said that employers are likely able to absorb higher wage demands"
Source: finance.yahoo.com
