02:33 PM EST, 11/07/2025 (MT Newswires) -- Fed Vice Chair Philip Jefferson (voter) said that the FOMC should move cautiously as it lower the federal funds rate closer to neutral, focusing on incoming information to determine the pace meeting-by-meeting, and suggested that the current policy rate is "still somewhat restrictive."

Recent comments of note:

(Nov. 6) Cleveland Fed President Beth Hammack (nonvoter) said that inflation remains high, arguing against a further interest rate cut and saying that monetary policy remains only "barely restrictive."

(Nov. 6) Chicago Fed President Austan Goolsbee (voter) urged caution when considering further rate reductions, especially with key government data on inflation and employment not currently available.

(Nov. 5) Fed Governor Steven Miran (voter) said in an interview with Yahoo Finance that he believes it would be appropriate for the FOMC to continue lowering interest rates at its December meeting despite the lack of government data releases, indicating that he would like to get the policy rate closer to neutral quickly.

(Nov. 4) Fed Vice Chair for Supervision Michelle Bowman (voter) said that the softening jobs market is a greater issue currently than inflation being slightly above target.

(Nov. 3) Fed Governor Lisa Cook (voter) said that the path of monetary policy is not predetermined and will continue to be based on incoming information when it is available, noting the risks of lowering interest rates too early or too late, and saying that the December FOMC meeting remains a live meeting after other officials have said that another rate cut at that meeting is not an uncertainty.

(Nov. 3) Chicago Fed President Austan Goolsbee (voter) said in an interview with Yahoo Finance that inflation remains a concern and suggest that preemptive cuts are not the best course of action.