Fed's Collins Advocates for Further Rate Cuts to Support Labor Market
Financial MarketsSusan CollinsUpdated 17 hours ago

Fed's Collins Advocates for Further Rate Cuts to Support Labor Market

Federal Reserve Bank of Boston President Susan Collins has voiced her support for additional interest rate cuts in 2025 to strengthen the labor market. Her proactive stance aims to stimulate economic growth and reduce unemployment, ensuring businesses can hire and invest effectively. This approach is seen as essential for maintaining consumer confidence and overall economic stability.

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