Fed's Collins tells Yahoo Finance that markets are holding in for now

Michael S. Derby

Fri, Apr 11, 2025, 6:50 AM 1 min read

By Michael S. Derby

(Reuters) -Federal Reserve Bank of Boston President Susan Collins said Friday that fiscal markets, which person been nether monolithic pressure, look to beryllium holding in, successful comments made successful an interrogation with Yahoo Finance.

“Markets proceed to relation well,” Collins said successful the interview, adding “financial marketplace movements are thing to enactment focused on” amid a immense scope of uncertainty tied to commercialized policy.

Collins' comments to Yahoo travel aft a code the authoritative made precocious Thursday that flagged the uncertain outlook caused by the Trump administration's tariffs, amid expectations the large emergence successful import taxes imposed by the president volition thrust up ostentation and depress maturation for a time.

Collins told Yahoo the system entered the twelvemonth robustly. Now, uncertainty "clouds the outlook" and successful conversations with contacts successful her district, Collins said "what I perceive is truly a pervasive wait-and-see attack arsenic firms see however to respond to an situation that is highly uncertain and with the tariffs rather elevated."

Collins downplayed recession risks but did not regularisation them out. "There are much adverse scenarios that I wouldn't regularisation out, but my ain benignant of modal script is 1 of slower growth, not a important downturn," the authoritative said.

(Reporting by Michael S. Derby; Editing by Chizu Nomiyama)