Lisa Cook dissented as a FED governor while Hormuz disruption caused a rise in oil prices.

The entities involved

• FED →

  business

  • A tech sell-off began in New York markets, driven by rate hike concerns and hawkish commentary from the FED.13:28
  • Tech stock weakness and tighter monetary policy expectations are driving a selloff in silver prices.13:28
• Lisa Cook →

  painter

  • Economic figures, including Musalem, Cook, and Kashkari, expressed concern over inflation being above target.Sat 14:48
  • White House is investigating Lisa Cook for mortgage fraud while Fed officials discuss data-driven policy decisions.Thu 22:47
• Hormuz →

  city in Hormozgan Province, Iran

  • Donald Trump launched a war with Iran, causing the Strait of Hormuz to become a major international concern.13:53
  • Hezbollah launched rockets into northern Israel, amid ongoing IDF operations and opposition to US-Iran peace talks.12:27

Related events

• Lisa Cook dissented during a meeting, favoring an interest rate hike.Wed 20:46
• Donald Trump attempted to dismiss Fed Governor Lisa Cook, threatening the Federal Reserve's credibility.Jun 7
• Lisa Cook, a voting member of the governing body, served as a policy voice for the Federal Reserve.Jun 7
• Lisa Cook was appointed to the Fed board by Biden, but Trump subsequently demanded rate cuts and sought her removal.Jun 29
• Lisa Cook voted for a rate increase while Donald Trump suggested he might react negatively to the hike.Thu 04:14