WASHINGTON, March 30 (Reuters) - Federal Reserve Bank of Boston leader Susan Collins said on Thursday that she does not see the market's current case for central bank rate cuts this year.
Boosting rates further and keeping them there through the rest of the year is the monetary policy stance that is likely needed to get inflation down from levels that are currently too high, Collins said at a gathering held in Washington by the National Association for Business Economics.
Financial markets now see a series of Fed rate cuts into the end of the year.
Collins also said it is "premature" for her to say what the Fed should do at its next policy meeting. (Reporting by Michael S. Derby Editing by Chris Reese)
Important Information: This communication is marketing material. The views and opinions contained herein are those of the author(s) on this page, and may not necessarily represent views expressed or reflected in other Exclusive Capital communications, strategies or funds. This material is intended to be for information purposes only and is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument.