Things are volatile, Collins tells Yahoo Finance (Il Sole 24 Ore Radiocor) - New York, 19 Jun - Federal Reserve Bank of Boston president and CEO Susan Collins said she "could imagine scenarios" that would be consistent with both one or two rate cuts this year.

In an interview with Yahoo Finance, Collins said there was "evidence the economy is coming into better balance," adding she was "optimistic" the Fed would be able to bring down inflation and maintain a healthy labor market.

"It's gonna take some time" for inflation to reach the Fed's 2% target, she told Yahoo Finance.

"Things are very volatile. You get some welcome news and then there's challenging news. So I think it's really important not to overreact to what has been encouraging.".

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(RADIOCOR) 19-06-24 14:52:28 (0462) 5 NNNN