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Fed's Collins: Rate Cut Later This Year is Appropriate
Summary: In a recent statement, Fed's Collins expressed support for the Fed's decision last week to maintain interest rates, citing tariffs that may raise inflation, lower economic growth and employment levels. Collins anticipates a rate cut later this year, largely dependent on tariffs.
In a recent statement, Fed's Collins expressed support for the Fed's decision last week to maintain interest rates, citing tariffs that may raise inflation, lower economic growth and employment levels. Collins anticipates a rate cut later this year, largely dependent on tariffs.
