Fed’s Cook says December meeting "live" for potential rate cut By Investing.com
Update: 2025-11-03
Description
Federal Reserve Governor Lisa Cook emphasizes the significance of the upcoming December Fed meeting, where officials could cut interest rates based on the economy's condition. Despite a government shutdown hindering data release, Cook assures that the Fed is utilizing private reports and regional surveys to make informed decisions. Cook backs a modest rate cut to address slowing job growth and manage inflation, while expressing optimism about future growth prospects. However, her position is under challenge in the Supreme Court, adding uncertainty to her role.
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