Fed Gov. Lisa Cook, in first policy speech since Trump suit, says she's undecided on Dec. rate cut
CNBC Televisionยท2025-11-03 21:30
The Olive for Fed policy continues to be somewhat confusing with Fed officials offering different forecasts from each other and even some officials taking both sides of the argument. Lisa Cook speaking in Washington said she supported the decision to cut rates last week uh but says downside risk to employment are greater than upside risk to inflation. However, she says the current restrictive policy is appropriate given inflation above the 2% target.Every meeting, she says, including a December meeting is a ...