Fed´s Collins: More banking sector stress could affect policy outlook

Federal Reserve Bank of Boston leader Susan Collins has crossed the wires saying that the risks to the outlook have increased with the banking stress and said her economic views are close to the Federal Open Market Committee´s forecasts. 

Key comments

Economic views close to FOMC forecasts.
    
Risks to outlook have increased with banking stress.
    
Inflation expectations data show confidence fed will control inflation.
    
Still seeing labor market strength, wage pressures key for inflation.
    
Job market data may be lagging indicator right now.
    
Paying greater attention to banking sector issues.
    
Banking stress will make some firms more conservative in activities.
    
Before banking stress, had expected Fed to raise rates more than prior projection.
    
More banking sector stress could affect policy outlook.

More to come...