Lisa Cook
Photo: Federalreserve, Public domain (Wikimedia Commons, cropped)
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- 6d ago
Hot US inflation lifts Fed hike bets, sends Treasury yields up and bitcoin to three-month low
The October consumer price index came in hotter than forecast on Tuesday, 10 November, with core inflation at 0.3%. Fed governor Christopher Waller had already floated a 50 basis point increase for the December meeting, and markets moved quickly toward that outcome.
- Oct 28
Fed holds rates at 3.75-4% with two dissents for a hike, Wall Street ends higher
The Federal Reserve kept its benchmark rate at 3.75-4% on 28 October, with two committee members voting for a hike. September CPI inflation reached 3.7%, and Alphabet shares swung after a weak quarterly report.
- Oct 28
Fed holds rates at 3.75% to 4% before US midterms, with two votes for a hike
The Federal Reserve kept its benchmark range at 3.75% to 4% on Wednesday, 28 October 2026, after a 10-2 vote in which Lisa Cook and Beth Hammack wanted a quarter-point increase.
- Oct 9
Trump sets up committee to investigate Fed governor Lisa Cook, hearing set for Nov. 5
The White House committee will examine mortgage allegations against Cook, who has denied wrongdoing and has not been charged. Cook must attend a closed-door hearing on Nov. 5, and she may submit a final written response by Nov. 10.
- Sep 30
Fed watchdog clears Jerome Powell of wrongdoing as Donald Trump demands his immediate resignation
A Federal Reserve inspector general report found no criminal wrongdoing in the central bank's $2.4 billion building renovation, but President Donald Trump renewed demands for former Fed chair Jerome Powell to leave the Board of Governors.
- Jul 2
Fed Chair Warsh pledges independence, inflation fight, and data reforms at Sintra forum
Federal Reserve Chair Kevin Warsh used his first international speech to double down on the 2% inflation target, reject political pressure, and outline plans to overhaul the Fed's data and decision-making.
