Categories: India

Fed's Collins: Job market risks suggest more easing needed

NEW YORK, Oct 14 (Reuters) – Federal Reserve Bank of Boston President Susan Collins said on Tuesday that rising job market risks argue for around another rate cut. "Perhaps the risks on the inflation side are a bit more contained than I previously thought, but the risks on the labor market side are perhaps a bit greater," Collins said at an event at the Boston Fed. "That does suggest that a bit more easing, perhaps another 25 basis points of easing, might be appropriate" to help offset those risks, she said. (Reporting by Michael S. Derby; Editing by Chris Reese)

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