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NEW YORK (Reuters) -Federal Reserve Bank of Boston President Susan Collins said Wednesday that if the economy meets her expectations the central bank will likely be able to lower rates at some point later this year. But the official did not give any time table for action and said she will need to see more evidence inflation is moving down to the 2% target before supporting an easing in the central bank’s interest rate target. “For the moment, policy remains well positioned, as we carefully assess the evolving data and outlook,” Collins said in a speech given to a gatheri...

(Bloomberg) -- US bonds rebounded before a record $42 billion sale of 10-year Treasuries after a solid start to this week’s ramped-up issuance sizes. Stocks in Hong Kong were set to rally a second day on bets China will be more forceful to prop up markets.Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets ShiftKing Charles Treated for Cancer in New

Fed presidents Neel Kashkari and Loretta Mester signaled caution for investors expecting the central bank to cut rates soon.

Boston Fed President Susan Collins needs more evidence inflation is coming back to the Fed’s 2% target, but if that happens cuts could come "later this year."

U.S. Federal Reserve Governor Adriana Kugler said on Wednesday she is "optimistic" inflation will continue to decline, but added policymakers need more assurance that is the case before lowering the benchmark interest rate. "I will remain focused on the inflation side of our dual mandate until I am confident that inflation is returning durably to our 2% target," Kugler said in her first policy speech since joining the Fed's Washington-based board in September. While sensitive to the Fed's employment mandate as well she said she is confident at this point that jo...