Federal Reserve Bank of Boston President Susan Collins speaks during a panel before the "Strengthening America's Economy Through Rural Investment: a Working Forum" hosted by the Federal Reserve Board of Governors, in Washington, D.C., U.S., April 14, 2026. REUTERS/Evan Vucci
Federal Reserve Bank of Boston President Susan Collins speaks during a panel before the "Strengthening America's Economy Through Rural Investment: a Working Forum" hosted by the Federal Reserve Board of Governors, in Washington, D.C., U.S., April 14, 2026. REUTERS/Evan Vucci
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Business & Economy

Fed's Collins expects inflation pressures from Iran war to eventually subside, WSJ reports

May 13 (Reuters) – Boston Federal Reserve President Susan Collins told the Wall Street Journal on Wednesday that she expects inflation pressures from the Iran war to eventually subside and that the current shock has masked evidence that underlying inflation is still headed down.

Collins said on Wednesday the U.S. central bank may need to raise interest rates if inflation pressures do not abate.

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(Reporting by Fabiola Arámburo in Mexico City)

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