Fed officials signal more gradual approach to lowering rates as 2025 begins
- Posted on January 6, 2025
- By AOL
- 4 Views
Fed officials signal more gradual approach to lowering rates as 2025 begins
Federal Reserve governor Lisa Cook said Monday it makes sense to lower interest rates more gradually given resilience in the job market and stickier-than-expected inflation, the latest central bank official to offer a cautious view as 2025 begins.