TechFlow, November 22 — According to Jinshi Data, Federal Reserve's Collins stated that given the persistent risks to both inflation and employment targets, she still leans against a rate cut by the Fed next month. During a conference, Collins said: "I do believe we need to remain cautious about cutting rates at the December FOMC meeting. After cumulative rate cuts of 50 basis points in September and October, I personally view current policy as being in a modestly restrictive range, which is appropriate for the current economic conditions."
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