<p>Boston Federal Reserve Chair Susan Collins stated that as inflation rates decline and the economy becomes more vulnerable to shocks, the Fed's 50 basis point rate cut last month was a &#34;cautious&#34; move. Furthermore, interest rates may need further adjustments in the future. Collins largely reiterated her comments from Tuesday, including her belief that policymakers should take a &#34;cautious, data-dependent approach&#34; when lowering rates to help maintain the strength of the U.S. economy. She emphasized once again that Fed policy has no predetermined path</p>

<p>Susan Collins, Chair of the Federal Reserve Bank of Boston, stated that the Fed's 50 basis point rate cut last month was a "cautious" move in light of declining inflation and economic challenges, and further adjustments may be needed in the future. She reiterated that policymakers should take a "cautious, data-dependent approach" when cutting rates, and emphasized that Fed policy does not follow a fixed path</p>

Fed's Collins: Given the risks in the economy, last month's 50 basis point rate cut was a cautious move