Collins: The Fed may take action in January next year, as the threshold for loosening policy is relatively high.

According to ChainCatcher news, reported by Jin10, Fed official Collins stated on Wednesday that due to concerns about high inflation, she believes the threshold for further easing of monetary policy in the near term is “relatively high.” Previously, Collins voted in favor of the Fed's two rate cuts this year. Karim Basta, Chief Economist at III Capital Management, pointed out that Collins' remarks are significant, and the next action may occur more in January next year rather than in December, providing them with more time to observe the data.