Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut

Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut


Key Points
  • Federal Reserve Governor Lisa Cook, in her first policy speech since President Donald Trump tried to remove her from office, said Monday that she supported the recent interest rate cut.
  • She noted that December is a “live meeting,” with the rate decision dependent on how risks break down between stubborn inflation and a softening labor market.



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