Fed's Collins notes openness to cutting rates again, depending on data

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Boston President Susan Collins said on Tuesday that she’s open to more interest rate cuts amid expectations price pressures will start to wane sometime next year. “It may be appropriate to ease the policy rate a bit further this year – but the data will have to show that,” Collins said in remarks delivered to the Council on Foreign Relations in New York. The official noted that she supported the Fed’s decision to cut its interest rate by ...