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Boston Fed’s Collins says Iran war is squeezing low-income Americans

2026-08-12·newswire-us-stock-041002
Boston Fed’s Collins says Iran war is squeezing low-income Americans.

Boston Federal Reserve President Susan Collins said the war in Iran is squeezing low-income Americans. Inflation is too high, while the unemployment rate remains relatively stable. If inflation stays elevated, Collins said she would support a rate hike in September, according to the Financial Times.

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Boston Fed’s Collins says Iran war is squeezing low-income Americans

Boston Federal Reserve President Susan Collins said the war in Iran is squeezing low-income Americans. Inflation is too high, while the unemployment rate remains relatively stable. If inflation stays elevated, Collins said she would support a rate hike in September, according to the Financial Times.

Boston Federal Reserve President Susan Collins said the war in Iran is squeezing low-income Americans.

Inflation is too high, while the unemployment rate remains relatively stable. If inflation stays elevated, Collins said she would support a rate hike in September, according to the Financial Times.

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