--
[Federal Reserve's Collins: May Cut Interest Rates by Another 25 Basis Points to Support Employment] Federal Reserve's Collins stated that given the downside risks facing the labor market, a further 25 basis point rate cut this year might be a prudent move. She believes that although inflation risks have been partially controlled, the weakness in the job market could make the economy more vulnerable to shocks. Collins emphasized that even with a rate cut, monetary policy will remain moderately tight to ensure inflation continues its downward trend.