Forex
globalreutersOctober 9, 20241 Mins read
Fed’s Collins: Half-point rate cut was prudent given risks
globalreutersOctober 9, 20241 Mins read Federal Reserve Bank of Boston President Susan Collins said on Wednesday that it was “prudent” for Fed officials to lower rates by a half percentage point in September as inflation eases and the economy becomes more vulnerable to shocks, per Bloomberg.
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