Fed Collins: If the data supports it, there could be a further slight rate cut this year.

[Fed Collins: If data supports, a further slight rate cut this year is possible] Fed Collins stated that she is open to further rate cuts as she expects price pressures to begin to ease sometime next year. Collins pointed out, "It may be appropriate to further slightly lower the policy interest rate this year, but this must be proven by data." She expressed her support for the Fed's decision earlier this month to lower interest rates by 25 basis points to the 4%-4.25% range, as this move helps with risk management in balancing employment and inflation targets. However, she added, "I still believe that maintaining a moderate tightening policy stance is appropriate, as monetary policymakers need to minimize the risk of further weakening in the labor market while restoring price stability."