Fed's Collins: Key to understand how uncertainty impacts economy ...Middle East

Key to understand how uncertainty impacts economy.Uncertainty notable in areas where long-term investment is happening.Policymakers must understand uncertainty as financial stability component.Must look at data holistically to measure uncertainty levels.Uncertainty can even speed up some types of economic activity.

Now starting to focus more specifically on the economy/data:

Must be cautious and humble when looking at data.July jobs data was concerning. Big revisions can happen at economic turning points.Uncertainty leading to wait-and-see approach to price setting

Fed's Collins is a voting member on the 2025 Fed Board

This article was written by Greg Michalowski at investinglive.com.

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