Boston Fed President Susan Collins said Tuesday that there are risks to the U.S. economy not only from sticky inflation, but also an economic downturn.

The labor market remains in a good place overall—neither too hot nor too cold,” said the Boston Fed president.

Federal Reserve Bank of Boston President Susan Collins said policymakers should use a careful, data-dependent approach as they lower interest rates to help preserve the strength of the US economy.

Boston Fed president Susan Collins said the central bank will likely need to cut interest rates further, the latest in a chorus of Fed policymakers to publicly support more monetary policy easing after the first cut in more than four years.