Fed's Collins leans against December rate cut in CNBC interview

NEW YORK, Nov 21 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Friday that monetary policy is in the right place amid a resilient economy, in comments that suggest she is skeptical of the need to cut interest rates again at next month’s monetary policy meeting.

A "mildly restrictive policy" is "very appropriate right now," Collins said in an interview on CNBC. Keeping policy at current levels helps ensure that as tariff pressures pass through the economy, still high price pressures will eventually moderate, the official said, adding she was "hesitant" as she approaches next month's Federal Open Market Committee meeting.