Reported 8 months ago
Boston Fed President Susan Collins shared in an interview with Yahoo Finance Reporter Jennifer Schonberger that there is no definite timeline on when the Federal Reserve will cut rates, emphasizing the need to let the data guide decisions. Collins discussed the risks of both cutting rates too soon leading to more economic slowdown than necessary and waiting too long. She highlighted the importance of monitoring various indicators, particularly in the labor market, to determine the appropriate timing for any policy changes.
Source: YAHOO