Summary
- Susan Collins, President of the Boston Fed, stated that the Fed is prepared to take measures for market stabilization in the event of severe market turmoil.
- Susan Collins conveyed that an emergency rate cut is not a desirable response in the current situation.
- She mentioned that the current market is operating normally without liquidity issues, and the Fed has the tools to address potential difficulties.
Susan Collins, President of the Federal Reserve Bank of Boston, stated in an interview with the Financial Times (FT) on the 11th (local time) that "the Fed is prepared to take action to stabilize the market in the event of severe market turmoil," adding that "an emergency rate cut is not a desirable response to the current situation."
She added, "The current market is operating normally without any overall liquidity issues," and "the Fed has the tools to address potential difficulties and will use them if necessary."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
