[Federal Reserve's Collins: Further Small Rate Cuts Possible This Year if Data Supports] Golden Finance reports that Federal Reserve's Collins stated she is open to further rate cuts, as price pressures are expected to ease sometime next year. Collins noted: 'Further small reductions in policy rates this year could be appropriate, but this must be supported by data.' She expressed support for the Fed's decision earlier this month to lower rates by 25 basis points to the 4%-4.25% range, as this move helps manage risks in balancing employment and inflation goals. However, she added: 'I still believe maintaining a moderately restrictive policy stance is appropriate, as monetary policymakers need to restore price stability while minimizing the risk of further weakening in the labor market.'