Fed's Collins: Insights into the Economic Forecast and the Role of Small Businesses

Welcome and Introduction

Good afternoon. It’s a privilege to join you today alongside Governor Healey, Secretary Paley, Congressman Neal, and Mayor Sarno. I’m delighted to be here with everyone who is shaping the economic landscape of western Massachusetts. My gratitude also goes to Diana Szynal and Dominick Ianno for inviting me to this gathering.

Today's Discussion

In my remarks, I’ll begin by offering some background on the Federal Reserve. I’ll then move on to discuss the current state of the economy, share my perspective on economic trends, and outline my thoughts on monetary policy. To conclude, I’ll provide some insights on the role and challenges of small businesses.