Fed’s Collins still favors additional rate cuts to aid job market

Federal Reserve Bank of Boston President Susan Collins reiterated her stance this week, emphasizing that rising job market risks necessitate further interest rate cuts. Meanwhile, Fed Chair Jerome Powell has signaled that the era of quantitative tightening could be coming to a close, reflecting broader uncertainty in the current economic climate.

Fed’s Collins still favors additional rate cuts to aid job market

HSBC expects BoE to maintain £100bn annual quantitative tightening pace

HSBC expects the Bank of England to maintain its current £100 billion annual quantitative tightening strategy. The projection indicates the central bank may continue reducing its balance sheet at the same pace. This outlook offers insight into ongoing business and economic considerations.