Fed’s Collins sees 'in the range of two' rate cuts for 2024

Boston Federal Reserve (Fed) President Susan Collins said on Friday, she sees 'in the range of two' rate cuts for 2024.

Additional quotes

Still expecting inflation pressures to wane later this year.

Can’t pre-judge when the Fed can start cutting rates.

Sees progress in bolstering bank discount window access.

A rate hike not part of baseline but can’t be fully ruled out.