Boston Fed Chair Collins Predicts Smaller Rate Cuts In 2025

According to BlockBeats, on January 9, Boston Federal Reserve Chair Susan Collins stated that due to strong employment data and persistent inflation, she supports a smaller rate cut in 2025 than previously anticipated a few months ago. This outlook aligns with the median projections released by officials after the Federal Reserve's last meeting, which forecast two rate cuts this year, down from the four predicted in September of last year.