Fed’s Collins: Rate Cuts Possible Later This Year, But Dependent on Tariff Impact

BlockBeats News, June 25 — Boston Federal Reserve President Collins stated that she expects the Fed to cut interest rates later this year. In a statement released by the bank, Collins said: "While I still anticipate that it will be appropriate to resume a gradual normalization of policy later this year, my outlook could change significantly as events unfold, and the impact of various government policy changes on the economy is becoming more pronounced. This largely depends on whether the 'price shocks' caused by tariffs can dissipate quickly." (Jin10)