Fed's Cook Says Inflation Has Been Too High For Too Long, Committed To 2% Goal While Preserving Labor Market Strength
Fed's Cook Says Inflation Has Been Too High For Too Long, Committed To 2% Goal While Preserving Labor Market Strength
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Fed's Cook Says Inflation Has Been Too High For Too Long, Committed To 2% Goal While Preserving Labor Market Strength
Federal Reserve Governor Lisa Cook said inflation has been too high for too long.
Committed To Returning Inflation To Target While Preserving Labour Market Strength
Fed's Cook: Inflation has been too high for too long.
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.
Dow, S&P 500 and Nasdaq 100 E-minis were down before the open, while crude rose about 2%-3% and Treasury yields climbed. Nvidia rose after announcing a $150 billion share repurchase authorization; PCE inflation and payrolls are due this week.
Dow, S&P 500 and Nasdaq 100 futures fell after President Donald Trump rejected an Iranian proposal to end the conflict. Crude jumped about 3% and longer-dated Treasury yields hit fresh multi-decade highs.
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Pershing Square (NYSE: PS ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Pershing Square Inc. antic
RH said second-quarter net revenues rose 2.6% year over year to $922.2 million and exceeded the top end of guidance. The company also lifted its fiscal 2026 outlook for revenue growth and adjusted EBITDA margin.