Fed Governor Lisa Cook speaks on panel at event in Boston

Fed Governor Lisa Cook speaks on panel at event in Boston

Federal Reserve Governor Lisa Cook participated in a panel discussion on the U.S. and global economy at the Boston Fed on July 2, 2025. The event, part of a series of economic forums, brought together key figures from the financial community to discuss recent economic developments and their implications for monetary policy.

Governor Cook, known for her expertise in economic research and policy, joined other prominent speakers, including Boston Fed President Susan Collins and San Francisco Fed President Mary Daly, to share insights on the current economic landscape. The panelists addressed recent weak economic reports and their potential impact on Fed policy.

Mary Daly, who spoke earlier in the day, suggested that the time may be approaching for the Fed to cut rates. She indicated that two rate cuts this year could be appropriate, a more dovish stance than she has previously expressed. This sentiment was echoed by Governor Cook during her panel discussion, where she emphasized the need for the Fed to remain flexible and responsive to economic conditions.

The panel discussion comes at a critical time for the U.S. economy, with markets pricing in a high probability of a 25 basis point rate cut in September and another 25 basis points in October. The Fed's recent communications have indicated a willingness to adjust monetary policy in response to economic data, highlighting the importance of events like this panel discussion for shaping future policy decisions.

The event in Boston is part of a broader effort by the Federal Reserve to engage with the public and financial community, providing a platform for open dialogue and the exchange of ideas. As the Fed continues to navigate the complexities of the current economic environment, such events will remain crucial for understanding the direction of monetary policy and its potential impact on the economy.

References:
[1] https://www.politico.com/newsletters/morning-money/2025/08/06/inside-trumps-fed-calculus-00494991
[2] https://www.cmegroup.com/education/events/econoday/2025/08/feed661111.html