Key Metrics
10.81
Heat Index- 
                            Impact LevelMedium
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                            Scope LevelNational
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                            Last Update2025-11-03
 
Key Impacts
Positive Impacts (9)
Negative Impacts (1)
Event Overview
The discussion revolves around the potential for a rate cut by the Federal Reserve in December. The debate centers on balancing the risks of harming the labor market and destabilizing inflation expectations. Alternative data sources are being utilized to inform the decision amid delayed official data.
Collect Records
Fed Governor Cook Discusses Potential December Rate Cut
Fed Governor Lisa Cook stated that a rate cut might occur at the December meeting, but the final decision will depend on various information available by then. She highlighted two risks: setting rates too high could harm the labor market, while cutting rates too much could destabilize inflation expectations. Despite the delay in official data due to a government shutdown, the Fed is using alternative data sources. These sources indicate that inflation remains slightly above target with upward risks, and the labor market, though robust, is cooling and may experience a faster decline.