Two Federal Reserve officials said policymakers may be close to being done with interest-rate increases, but one held back from ruling out further hikes until inflation is more clearly on a downward path.
“We may need additional increments, and we may be very near a place where we can hold for a substantial amount of time,” Boston Fed President Susan Collins said Thursday during an interview with Yahoo! Finance ahead of the Kansas City Fed’s annual economic policy symposium in Jackson Hole, Wyoming.