---
title: "Fed's Collins: Given the risks in the economy, last month's 50 basis point rate cut was a cautious move"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216375590.md"
description: "Susan Collins, Chair of the Federal Reserve Bank of Boston, stated that the Fed's 50 basis point rate cut last month was a \"cautious\" move in light of declining inflation and economic challenges, and further adjustments may be needed in the future. She reiterated that policymakers should take a \"cautious, data-dependent approach\" when cutting rates, and emphasized that Fed policy does not follow a fixed path"
datetime: "2024-10-09T22:01:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216375590.md)
  - [en](https://longbridge.com/en/news/216375590.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216375590.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216375590.md) | [繁體中文](https://longbridge.com/zh-HK/news/216375590.md)


# Fed's Collins: Given the risks in the economy, last month's 50 basis point rate cut was a cautious move

Boston Federal Reserve Chair Susan Collins stated that as inflation rates decline and the economy becomes more vulnerable to shocks, the Fed's 50 basis point rate cut last month was a "cautious" move. Furthermore, interest rates may need further adjustments in the future. Collins largely reiterated her comments from Tuesday, including her belief that policymakers should take a "cautious, data-dependent approach" when lowering rates to help maintain the strength of the U.S. economy. She emphasized once again that Fed policy has no predetermined path

## Related News & Research

- [Here's How Much $100 Invested In abrdn Physical Silver Shares ETF 10 Years Ago Would Be Worth Today](https://longbridge.com/en/news/281394387.md)
- [BREAKINGVIEWS-SpaceX IPO will gauge market moxie more than depth](https://longbridge.com/en/news/281406751.md)
- [Palantir vs. Oracle: 1 AI Stock Looks Cheap](https://longbridge.com/en/news/281400403.md)
- [BUZZ-Rosenblatt says finding partner for Snap's smart glasses unit tough](https://longbridge.com/en/news/281357569.md)
- [BUZZ-Street View: Nike's turnaround remains work in progress](https://longbridge.com/en/news/281331333.md)