Fed’s Lisa Cook says economy is strong and supports rate cuts

Lisa Cook, a member of the Federal Reserve Board of Governors, reportedly delivered her first policy speech since US President Donald Trump attempted to dismiss her from her position. In the speech, Cook demonstrated her support for the recent interest rate cut and asserted that she is willing to consider further reductions. Notably, the Federal Governor has largely kept a low profile since Trump attempted to remove her in August due to allegations of mortgage fraud. To avoid trouble, Cook shifted her focus to the legal battles that have enabled her to remain at the central bank. Cook agrees on...