Fed Governor Cook: inflation too high, committed to bringing it down
Federal Reserve Governor Lisa Cook stated that inflation has been too high for too long and expressed her commitment to reducing it without harming the labor market. Her remarks briefly touched on monetary policy but did not address the latest inflation data.
Federal Reserve Governor Lisa Cook said on Wednesday she is committed to reducing inflation without hurting the labor market, in remarks that only briefly addressed monetary policy. She did not comment on the latest inflation data.