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Fed Governor Lisa Cook Signals Caution on Further Rate Cuts

Federal Reserve Governor Lisa Cook described interest rates as mildly restrictive. She suggested waiting before further cuts to assess economic conditions.

Federal Reserve Governor Lisa Cook lisa cook stated on Thursday, February 5, 2026, that the current policy interest rate in the United States USUS is "ever so mildly" restrictive. Speaking at the Economic Club of Miami, Lisa Cook lisa cook signaled her support for taking time before reducing interest rates further, emphasizing a cautious approach to future monetary policy adjustments.
Federal Reserve Governor Lisa Cook, accompanied by lawyer Abbe Lowell, walks outside the U.S. Supreme Court in Washington, D.C., as justices consider President Donald Trump's effort to fire her, January 21, 2026. REUTERS/Nathan Howard
Federal Reserve Governor Lisa Cook, accompanied by lawyer Abbe Lowell, walks outside the U.S. Supreme Court in Washington, D.C., as justices consider President Donald Trump's effort to fire her, January 21, 2026. REUTERS/Nathan Howard
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