Federal Reserve's Collins: There are still reasons to be cautious about a December rate cut.

Federal Reserve Chair Janet Collins stated that she remains inclined to oppose a rate cut next month, given the continued risks to the Fed's dual mandate of inflation and employment. During a conference, Collins said, "I do think caution is needed regarding a rate cut at the December FOMC meeting. After a cumulative 50 basis point cuts in September and October, I personally believe that current policy is in a moderately tightening range, which is appropriate for the current economic conditions." (Jinshi)