Federal Reserve's Collins supports that the rate cut in 2025 will be smaller than previously expected

ChainCatcher news, Boston Fed President Collins stated that, given the strong employment data and persistent inflation, he supports a smaller rate cut in 2025 than previously expected a few months ago. The outlook for interest rates is consistent with the median forecast released by officials after the last Federal Reserve meeting, which anticipates two rate cuts this year, down from the four cuts predicted in September of last year.