Fed Governor Lisa Cook Signals Readiness to Act on Inflation

Federal Reserve Governor Lisa Cook stated she is prepared to take action if inflation does not begin slowing soon, citing risks from AI investment booms and geopolitical tensions. She emphasized a shift in risk balance toward higher inflation compared to employment concerns.

By By Howard Schneider Wed, July 15, 2026 at 8:59 PM GMT+3 2 min read · Yahoo Finance · July 15, 2026, 17:59 UTC

Fed Governor Lisa Cook Signals Readiness to Act on Inflation

Topics: Federal Reserve Inflation Interest Rates

Read the full article at Yahoo Finance

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