Fed, Lisa Cook
Fed's Cook says progress has been made, but 'further to go' in inflation fight
The Fed’s preferred inflation gauge, the Personal Consumption Expenditures price index, rose 2.1% year-over-year in September, down from the 2.3% year-over-year rise in August. Core PCE, which excludes the volatile food and energy categories, increased an annualized 2.7% in September.
Fed's Cook: Could see a pause on rate moves if inflation progress slows
Federal Reserve (Fed) Board of Governors member Lisa Cook noted on Wednesday that while she views the overall economic outlook within the US as fairly balanced, the Fed might get forced into a pause on rate cuts if inflation progress slows down while employment remains solid.
Federal Reserve Governor Lisa Cook is watching for signs of further softening in the U.S. labor market, while inflation ...
Federal Reserve Governor Lisa Cook said it will likely be appropriate for the central bank to cut interest rates toward a more neutral stance over time, citing inflation progress and a solid labor ...
The separate speeches by Michelle Bowman and Lisa Cook show the set of concerns central bank officials will be weighing as they decide whether to approve another quarter-percentage-point reduction ...
manilatimes on MSN2d
Fed officials stake out competing policy viewsTwo Federal Reserve (Fed) governors on Wednesday laid out competing visions of where US monetary policy may be heading, with ...
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