Fed's Collins warns that rate cuts will follow, but only if the economy meets expectations

Federal Reserve (Fed) Bank of Boston President Susan Collins warned that the Fed could have room to continue interest rate cuts, but only if economic conditions remain on-balance.

Key highlights

If economy meets expectations, gradual rate cuts to follow.
Aggressive rate cuts court inflation risks.
Economic outlook roughly in line with Fed forecasts.
Supportive financial conditions give space to watch data.
Fed still needs to manage inflation risks.

Sep 30, 2025

Fed's Goolsbee says short government shutdowns are okay

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Tuesday that "short" government shutdowns tend to have a limited impact on the broader economy. The statements come at a time when the US government is barreling into a funding gap and subsequent shutdown.

Canadian Dollar middles as investor sentiment slows to a crawl

The Canadian Dollar (CAD) held mostly in place on Tuesday, with market flows broadly drawing down as the US government careens into a funding shutdown.