Fed’s Collins: Expects Rate Cuts Later This Year to Be Appropriate
According to a report by Jinse Finance, Federal Reserve's Collins stated that it would be appropriate to cut interest rates later this year, but this largely depends on tariffs. Tariffs could drive up inflation while reducing growth and employment. More effects from tariffs are expected to be seen in the coming months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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