Fed's Collins says supported rate cut but it was a 'close call'

Dec 15 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said on Monday a changing inflation outlook tilted her toward supporting last week’s central bank interest rate cut.

“I supported last week’s FOMC decision to lower the target range for the federal funds rate by 25 basis points, although for me, it was a close call,” Collins said in a statement. “Available information suggested the balance of risks had shifted a bit” and “scenarios with a notable further rise in inflation seem somewhat less likely.”