The Wall Street Journal

US Fed’s Cook paints December interest rate cut as uncertain

US Fed’s Cook paints December interest rate cut as uncertain
Federal Reserve Governor Lisa Cook says cuts are coming – but can't say when or by how much. (Image: Wikipedia)
The Wall Street Journal
By Matt GrossmanFederal Reserve Governor Lisa Cook says the timing of further interest-rate cuts will depend on coming data, leaving the central bank’s decision at its December meeting uncertain.Speaking at the University of Virginia, in Charlottesville, Cook said she expects the Fed to cut rates more from the current 4.5% to 4.75% range eventually, but when and by how much aren’t clear yet.“Going forward, I still see the direction of the appropriate policy rate path to be downward,” Cook said, according to a published t...

More Finance

Big names for Wellington Water board
Finance

Big names for Wellington Water board

Credit rating agency warns that water reforms are no council debt panacea.

RBNZ cuts number of jobs by 20%
Finance

RBNZ cuts number of jobs by 20%

The Reserve Bank claims $11m of cost savings via Project Denby’s 20% job cuts.

Staff reporters 29 Oct 2025
Kiwibank wary of capital-review barrier to growth
Finance

Kiwibank wary of capital-review barrier to growth

Kiwibank raises issues of competitive advantage.

Andy Macdonald 24 Oct 2025