Federal Reserve's Collins: Rate Cut in 2025 to be Smaller than Previously Expected

BlockBeats News, January 9th, Boston Fed President Collins stated that, given the strong employment data and the lingering inflation, he supports that the rate cut in 2025 will be smaller than expected a few months ago. The rate outlook is in line with officials' median forecast released after the last Fed meeting, which expects two rate cuts this year, down from the four projected in September last year. (FXStreet)