EconomyFed’s Cook says she is ready to raise rates if inflation does not ease
Federal Reserve Governor Lisa Cook said she is open to raising the central bank’s short-term interest-rate target if inflation in the U.S. economy remains too high. She indicated that a failure for price pressures to begin easing could require additional monetary tightening. Cook’s comments leave a rate increase under consideration as the Fed responds to persistent inflation.
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Reuters★★★☆☆2026-08-05 20:25Original
Fed’s Cook says she is ready to raise rates if inflation does not ease
Economy