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Federal Reserve Watch for Oct. 1: Cook to Remain in Role Until Supreme Court Arguments in January

BY MT Newswires | ECONOMIC | 10/01/25 02:31 PM EDT

02:31 PM EDT, 10/01/2025 (MT Newswires) -- The Supreme Court said that they would hear oral arguments on President Trump's ability to dismiss Fed Governor Lisa Cook in January, allowing her to remain in her position until at least then, and possibly until their ruling in the summer.

Recent comments of note:

(Sept. 30) Dallas Fed President Lorie Logan (nonvoter) said that inflation continues to rise even outside of tariff-related sectors, so she will remain cautious about further rate reductions and noted that more labor slack may be needed to lower inflation.

(Sept. 30) Fed Vice Chair Philip Jefferson (voter) said that risks remain on both sides of the Fed's mandate, with employment risks pointed to the downside and risks to inflation pointed to the upside, but he expects both to ease over time.

(Sept. 30) Boston Fed President Susan Collins (voter) said that it would be appropriate to lower interest rates further given the risk of rising unemployment but added that she still supports a modestly restrictive stance due to elevated levels of inflation.

(Sept. 29) Cleveland Fed President Beth Hammack (nonvoter) said that monetary policy needs to remain restrictive get inflation closer to its 2% goal, noting elevated services inflation that is not related to tariffs.

(Sept. 29) New York Fed President John Williams (voter) said that he expects further easing in monetary policy as the balance of risks has begun to shift toward a softer employment picture.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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