Fed 'fully prepared' to enter markets: Boston Fed President Collins
Bitcoin and US stocks continued to rise after Collins' comments in the FT interview.
Author: Stephen Alpher Updated April 11, 2025, 6:01 PM Published April 11, 2025, 5:53 PM
Key points:
- “We will be fully prepared” to respond to difficult market conditions if necessary, Boston Federal Reserve Bank President Susan Collins told the FT.
- Collins said markets were currently functioning smoothly and the central bank was not facing liquidity problems.
- Bitcoin has climbed to nearly $84,000, up 6% in the past 24 hours, while the Nasdaq and S&P 500 continued their gains on Friday, up nearly 2%.
