Federal Reserve Governor Lisa Cook recently suggested that a rate cut could be on the table as early as December. However, she emphasized that this decision hinges on upcoming economic data releases. Key Data to Watch for Rate Cut Decision Cook highlighted the importance of upcoming inflation reports, employment figures, and overall economic growth indicators. A sustained cooling in inflation, coupled with signs of a weakening labor market, could strengthen the case for a rate cut. Cautious Optimism and Data Dependency While acknowledging the progress made in curbing inflation, Cook stressed the Fed's commitment to remaining data-dependent. This cautious approach suggests that the Fed will carefully weigh the incoming data before making any adjustments to its monetary policy. The market is now closely watching for signals of a potential shift in December. ```