[Federal Reserve Collins: Current Policy in Moderately Restrictive Range] Federal Reserve official Collins stated that after a cumulative 50 basis point rate cut in September and October, the current monetary policy is now in a moderately restrictive range and aligns with the current economic conditions. She mentioned during a conference that, given the risks still facing inflation and employment targets, she tends to oppose further rate cuts at the Federal Open Market Committee (FOMC) meeting in December and emphasized the need for caution.