Federal Reserve's Collins hinted at keeping interest rates unchanged.

Federal Reserve Chair Janet Collins stated that interest rates are likely to remain unchanged "for some time" due to recent economic data showing improvement in the labor market, but inflation risks persist. Collins noted that the labor market is showing some unusual signs of stabilization. She also pointed out that more evidence is needed that the inflation rate is falling back to around 2%. Current interest rates are in a slightly tightening state, perhaps very close to neutral. Federal Reserve Chairman Barkin also participated in the discussion, stating that he still believes there are two-way risks to the Fed's mandate. He said, "Nobody wants inflation to stagnate, and nobody wants the labor market to weaken further. We are well-prepared."