Saturday , 22 February 2025
Home Forex Fed’s Cook says she ‘wholeheartedly’ supported 50 bps rate cut
Forex

Fed’s Cook says she ‘wholeheartedly’ supported 50 bps rate cut

Federal Reserve (Fed) Governor Lisa Cook said on Thursday that she endorsed the 50 basis points (bps) interest rate cut last week as a way to address increased “downside risks” to employment, per Reuters.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

German election preview: History will be made on Sunday, what to watch for

On Sunday, German voters go to the polls in a high-contested election....

FX Weekly Recap: February 17 – 21, 2025

The majors were all about trade tensions and central banks’ moves this...

Global Market Weekly Recap: February 17 – 21, 2025

Geopolitical developments continued to be a driving force in the markets, initially...

Gold rally takes a breather, still heading for eight straight weekly advance

Gold price slides late on Friday, poised to end the week positively,...