[Federal Reserve's Collins: No Urgent Need to Change Monetary Policy Stance, Inflation Expected to Gradually Fall Back to 2% Target] According to a report by Jinse Finance, Federal Reserve's Collins stated that the pace of job growth may accelerate but is likely to remain generally moderate; now is the time for the Federal Reserve to remain patient and cautious with interest rate policy; for another rate cut to occur, clear evidence of inflation falling back is needed; there is no urgent need to change the monetary policy stance, and inflation is expected to gradually fall back to the 2% target; the inflation outlook is uncertain, with upside risks. Collins also mentioned that the Federal Reserve's policy is currently in a favorable position, and the Fed's rate target is expected to remain stable 'for some time.'