Summary
- Susan Collins, President of the Boston Fed, conveyed that a benchmark interest rate cut in July is premature.
- President Collins said that economic indicators and the trend of inflation need to be monitored further.
- She emphasized that, at this point, it is important to approach with patience and caution.
According to economic news account Walter Bloomberg on the 26th (local time), Susan Collins, President of the Federal Reserve Bank of Boston, stated that a benchmark interest rate cut in July would be premature.
President Collins emphasized, "It is necessary to observe economic indicators and the trend of inflation further," adding, "At this point, we need to approach with patience and caution."
JH Kim
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