Boston Fed President Collins said in a housing-focused speech on Friday that further policy tightening may be needed to cool price pressures. She acknowledged higher rates could reduce housing affordability and raise the cost of building homes in the near term, but said long-run price stability would benefit the housing market and the broader economy.

2026-11-13

Boston Fed President Collins said in a housing-focused speech on Friday that further policy tightening may be needed to cool price pressures. She acknowledged higher rates could reduce housing affordability and raise the cost of building homes in the near term, but said long-run price stability would benefit the housing market and the broader economy.