Fed Governor Lisa Cook, in first policy speech since Trump suit, says she's undecided on Dec. rate cut
Update: 2025-11-03
Description
Federal Reserve Governor Lisa Cook, who recently survived a Trump-led attempt to remove her, delivered her first major policy speech since the incident at the Brookings Institution. She supported the recent interest rate cut, citing risks to low unemployment and stable inflation. Cook, who remains open to further cuts based on data, addressed Trump's tariffs, suggesting a one-time price bump rather than long-term inflation. As the Fed's December meeting approaches, all eyes are on the central bank's next move.
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