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Boston Fed President Collins: The Federal Reserve (FED) is ready to respond to market disruptions.
According to the Gate.io News bot, the Financial Times reports that Boston Federal Reserve President Susan Collins has issued the latest statement on market stability. Collins pointed out that the current market is operating normally overall, with no systemic liquidity issues. She emphasized that the Federal Reserve has established a toolset to address market functionality or liquidity pressures and has a permanent mechanism to support market operations. Collins added that emergency rate cuts are not the preferred tool.
Source: Financial Times