Fed’s Cook says she’d support rate hike if disinflation stalls
CoinTelegraph·
60-second summary
Federal Reserve Governor Lisa Cook emphasizes her readiness to support a rate hike if disinflation stalls, suggesting she'd act if inflation persists above the target rate. With no specific timeline mentioned, her stance implies a possible rate increase in the near future, potentially impacting the US economy and the value of the dollar.
Federal Reserve Governor Lisa Cook said she is “prepared to act” if inflation remains too high above the Fed’s target rate.